Listen, to you it was the GDP that was the culprit for the inflation, although I have proven you to be wrong about it.
Anyway, now compare Canada's projected GDP percentage growth vs The Advanced Nations from the IMF rather than having to go by the usual right wing sites that always will portray Canada negatively!!
Canada 1.6%
Australia 1.2%
Belgium 0.9%
France 1.3%
Germany 0.9%
Italy 0.7%
Japan 1%
Netherlands 1.1%
New Zealand 1%
Spain 1.7%
Switzerland 1.8%
United Kingdom 0.6%
USA 1.5%
Enough said!!
listen, I’ll make this very easy for you.
GDP..aka..economic growth. Is a driver of inflation. You said PP and cons were whining that debt/gdp is a driver.
Go back to grade school Beaver.
With regard to
projections. You do know what word means right? You do know that over and above natural business cycles ( which you don’t because you had be walked through that too) shit like 2008, Covid, sars, wars, and far more shit happens. Right? You do know that growth under 2% is roughly what we had under Harper? According to you, that’s a disaster. Lmao at you.
Make up your mind Beaver, stop waffling. Not long ago you were crowing about growth under JT, and you also said some stuff about recessions. Though I doubt you know the technical definition without googling it. But you could start with your projections.
lol at you. Look at you shoot yourself in the foot yet again!
Stop changing your tunes, stop making shit up again like you did with provincial economies and lying about it.. stop pretending you know much.<<<This is actually ok Beaver. No-one knows a lot about everything including me. Unfortunately for you, I spent 20 years doing this shit. But unlike you, shit I know enough to be dangerous about…Say electricity or climate stuff. I listen to climate scientist, or hire an electrician so I don’t burn my house down. I certainly don’t presume to know better…
Why don’t you read that link I spoon fed you, by Cross. If you can manage to get past the headline….or first paragraph…..Start educating yourself. Stop pretending you know better than them, and have proved them wrong..And why don’t you start following a few economists while you’re at it. Instead of the drivel or partisan shit you read on Twitter. Guess what my morning routine is. 20 yers of habit is hard to break.
Also assuming moderate growth, say around 2%. And inflation around 2%. Now that debt>>>>>>>>>>>>>>>>>>>GDP is so much worse. How many decades do tou project it to take, to get it back under control and reasonable levels ( say under or around 30%)? And that’s assuming you and JT can kick your addiction. And or, you and others like you in the GTA realize your votes are being bought, and the damage you’re doing?
Lastly Einstein if you have a clue, and have proved me and many many economists wrong ( you don’t grasp I follow them and in essence echo them,). You don’t even know their names/who they are….i can recommend Drummond, Dr Sherry Cooper, Phillip Cross and Dr Jack Mintz.
Why is JT now suddenly worried about it, and promising to lower it by 2028? Are you even aware of
that..obviously not…. I wonder what kind of growth he’s projecting to make that promise ( and subsequently what that might mean for inflation) , given he has also promised more deficits. I doubt you even know what that words means now.
Clearly, you’re right and have proved everyone wrong. Not the least of whom are some economists you don’t hold a candle to. . You don’t even have the brains never mind knowledge ( see BoC and BoJ ) to think about that.
Lmao at you.