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bazokajoe

Well-known member
Nov 6, 2010
9,970
8,152
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Then what is the reason that the BOC may not lower the interest rates if it is not due to inflation?



You mention Douggie Boy. But he is praising the decision to take off the HST, be it for a limited time!! Moreover, Douggie is just handing out the $200 not for carbon rebates, but just for the cost of living, as he claims!!

Okay, then no need to moan if you are not eligible for the $250 one time benefit. As I'm still working, it is appreciated!!

Remember that Canada's Interest Rates are still one of the lowest among the G7 Nations. The BOC have to be prudent as to how they lower the rates depending on the rate of inflation!!
Do your own research.
You are as clueless as squeezer.
 

squeezer

Well-known member
Jan 8, 2010
20,575
15,104
113
They strongly influence it through their economic policies and overspending, so my answer is yes.
I see. So, Dougie doesn't overspend? Harper didn't run deficits while not worrying about a pandemic??? Please explain since you and Skoob are the experts in economics on Terb.
 

K Douglas

Half Man Half Amazing
Jan 5, 2005
27,261
7,915
113
Room 112
You said sarcastically this
"Wait I thought inflation was under control tracking at only 2% And they say we're not in recession despite our unemployment rate increasing from 5% in January 2023 to 6.5% in October 2024. So why would people need more government handouts and tax relief?"

Also in that particular moment, I wasn't even thinking of you as the mouth breather believe it or not. Not a fan of democracy and the average voter. I was attacking TrueDooh.
Actually we are basically in agreement. People see high prices and assume they will continue even though inflation is back down to normal levels. Even if 5% was correct, AND it was something that necessitated the government borrowing money to fix, the mounts suggested, a temp GST cut on a few items would do nothing.

That I was slagging TrueDooh and the typical voter view is hinted at not very subtlety here.
"But the reason people need more handouts and reliefs is because that is a great way to buy votes. Sure it causes problems down the road, but that is future government's problem to deal with."

As for the second point
I said.
"Granted increases in unemployment rates come with recessions, and an increase in unemployment rate can be a warning that a recession is going to happen."
Which is another way of saying what you said
Marked increases in unemployment rates are a leading indicator of pending recessions.

So we cool?

Also point of order
Guess what degree AOC holds. Cough Cough. Just sayin. I wonder if I should return my econ degree. It's embarrassing to be in such company.
I don't think her degree is a full economics degree. Its International Relations with a minor in Economics. She may be book smart but she's real world dumb.
 
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NotADcotor

His most imperial galactic atheistic majesty.
Mar 8, 2017
7,277
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The NDP's usual range is not enough to keep them relevant. They should cut their losses and stop propping up the Liberals if they have any hope of one day becoming the official opposition.
Yeah but that doesn't change my point. Liberal collapse isn't take down NDP support which was the claim I was making.

If the NDP had any brains they would disband and mostly join the liberals so they can keep in power and continue running their bad ideas.
 

NotADcotor

His most imperial galactic atheistic majesty.
Mar 8, 2017
7,277
4,920
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I see. So, Dougie doesn't overspend? Harper didn't run deficits while not worrying about a pandemic??? Please explain since you and Skoob are the experts in economics on Terb.
Harper was Prime Minister from 2006 to 2015
Remember what happened in 2008? Things other than pandemics can fuck things up.

I mean sure if he had Mr Nock's gun and the help of Richard Sharpe he could have maintained surpluses the whole time but... alas no. Richard Sharpe was probably busy getting killed over and over again in some movie or another.



Patrick Harper from the Sharpe's series a worthy watch BTW.
 

NotADcotor

His most imperial galactic atheistic majesty.
Mar 8, 2017
7,277
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To be fair there is always some buttfuckery going on. Lincoln was faced with rebuilding a divided nation and took time to go to the theater for some R&R, and I am sure nothing bad came of it.
It's a bunch of ass hats doing a riot in Montreal, it isn't a zombie invasion, it isn't as if there is a Justin Beiber concert going on and they are serving pineapple on pizza, or a cat going without treats.

And as others have pointed out, riots are not a federal responsibility, unless they perhaps impact ports and border crossings or if it gets completely out of control. If the feds cracked down every single time a protest got out of hand, the same people complaining would be bitching about federal power overreach.

Hamas sucks, their supporters suck, TrueDooh sucks, and none of them have the decency of swallow or play with the balls, but perspective people.
 

bver_hunter

Well-known member
Nov 5, 2005
29,135
7,037
113
Do your own research.
You are as clueless as squeezer.
Research on your conspiracy theory websites?
You lost the debate when you cannot add two plus two........ROTFLMAO!!
Can you not comprehend that the Bank of Canada will set the interest rates based on the inflation rather than the temporary tax cuts on the HST that you alleged?
 

squeezer

Well-known member
Jan 8, 2010
20,575
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Skoob

Well-known member
Jun 1, 2022
6,612
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Yeah but that doesn't change my point. Liberal collapse isn't take down NDP support which was the claim I was making.

If the NDP had any brains they would disband and mostly join the liberals so they can keep in power and continue running their bad ideas.
I would tend to agree.
However, the NDP have spent the last decade propping up the Liberals. They are joined like symbiont hemorrhoids on a rectum.
If one gets shrunken by Conservative ointment, the other will inevitably be shrunken as well.
 
Ashley Madison
Toronto Escorts