Liberals applauded hefty carbon tax for a farmer

[Skoob]

He is a wasted band width. You can keep on showing him all the proof, but he will never accept the facts and only show his true colours with his insults, insults insults!!

You're talking about Frankfooter correct?

 

[Skoob]

This is really the level of the debate here.

The problem with Socialism is that you eventually run out of other people's money.

 

[Frankfooter]

I do it for sport.
If I was doing it actually thinking they could comprehend it would be an exercise in futility.

Therefore, it's more the thrill of the chase, than any expectation they will understand reality.

You're just trolling libs.
All fun and games until you end up with corrupt idiots like DoFo leading.

 

[bver_hunter]

Some have, or do. Same as some Liberals still stick their heads in the sand. If you could read English, many times in the thread it’s been a mentioned there are more factors and more than just one cause. Nor is Debt/GDP ever used in relation to inflation or a cause. If you grasped economics you’d also understand that growth in gdp causes it to. You’d also grasp the BoCs role, which you clearly don’t.

Clearly Beaver you don’t know the first thing. Kind of like not grasping provincial economies. Or do you want to deny that too.

Mr Getting Older means that you are not getting any wiser!! Obviously, you are contradicting yourself in many ways. The right wingers including Pee Pee himself blames inflation on Government spending and makes virtually no reference to the GDP growth. Now read and learn as to what causes inflation and clearly one huge factor is the Supply chain, as a healthy growth and demand would normally lower prices when there is a glut in production. If there is too much money chasing fewer raw materials for the production, then that is what triggers the inflation. That is why the Russia Invasion, Supply Chains and Droughts are the main causes in the various shortages of critical resources:

For the last few years, the claim that an increase in economic growth leads to an increase in inflation and that decreased growth reduces inflation has been a mantra. That is the conventional wisdom in Washington and, to a lesser extent, on Wall Street. On October 12, for example, Federal Reserve Board governor Laurence Meyer stated, “Tightening monetary policy slows spending growth, opens up some slack temporarily in labor and product markets, and allows the slack to reduce inflation.” Yet, taken literally, that claim cannot be true. All other things being equal, an increase in economic growth must cause inflation to drop.
Here’s why. The seat‐of‐the‐pants explanation of inflation is that it is caused by too much money “chasing” too few goods. It follows that the more goods that are produced, the lower the prices of goods. This connection between the level of production and the level of prices also holds for the rate of change of production (that is, the rate of economic growth) and the rate of change of prices (that is, the inflation rate).

Some simple arithmetic will help clarify. Start with the famous equation of exchange, MV = Pq, where M is the money supply; V is the velocity of money, that is, the speed at which money circulates; P is the price level; and q is the real output of the economy. If the growth rate of the economy increases, that is, if the growth rate of q increases, then, if the growth rates of M and V are held constant, the growth rate of the price level must fall. Since the growth rate of the price level is just another term for the inflation rate, the inflation rate must fall. An increase in the rate of economic growth means more goods for money to “chase,” which puts downward pressure on the inflation rate. Assume, for illustrative purposes, that the money supply grows at 6 percent a year and velocity is constant. Then, if annual economic growth is 3 percent, inflation must be 3 percent. (Actually, inflation must be 2.9 percent, which is approximately 3 percent). If, however, economic growth rises to 4 percent, inflation falls to 2 percent. (Actually, it falls to 1.9 percent.)

That higher economic growth must reduce inflation is straightforward. Why, then, does a man as brilliant as Federal Reserve chairman Alan Greenspan not get it? Actually, he does. He just never says things simply and straightforwardly when he can be complicated and obtuse instead. In 1995 Chairman Greenspan testified before the Senate Committee on Finance: “One factor in judging the inflationary risks in the economy is the potential for expansion of our productive capacity. If ‘potential GDP’ is growing rapidly, actual output can also continue to grow rapidly without intensifying pressures on resources.” Translation: if growth is higher, inflation is lower.

Now look at Canada's GDP from 2015 to 2019:

Annual Economic Indicators

www.international.gc.ca

But what disputes your above highlighted allegation....... is this real fact:

Is GDP a Good Measure of Inflation?
Although inflation often rises when GDP rises, GDP is not the best measure of inflation. That's because gross domestic product measures a country's total economic output. And although real GDP takes inflation into account, that's not the only factor it measures. A better measure of inflation is the Consumer Price Index.

Does Higher Inflation Mean Higher GDP?
Higher inflation often has little to no effect on GDP, as wages tend to increase with prices. In fact, many economists say higher inflation actually depresses GDP. Similarly, greater GDP growth leads to lower inflation, under the assumption that increased output increases supply, which decreases demand, lowering prices. Economists prefer slow, steady, predictable inflation instead.

The Importance of Inflation and Gross Domestic Product (GDP)

Learn the underlying theories behind these concepts and what they can mean for your portfolio.

www.investopedia.com

Any economist will tell you that an inflation rate of just below 2% is still a healthy factor for the economy!!

 

[Skoob]

As per a year ago, Ontario seems to be better for wait times than every other province and below the national average.

https://www.fraserinstitute.org/categories/health-care-wait-times

To add further...nurses in Ontario are some of the highest paid in the country.

 

[Skoob]

You're just trolling libs.
All fun and games until you end up with corrupt idiots like DoFo leading.

Spelling out the truth is not trolling.
You calling it trolling is trolling, because you have nothing else to offer.

 

[bver_hunter]

I showed you the facts and you respond with your biased opinion.
Facts don't lie. Accept them.

So you are saying that Government spending is not a factor of inflation and just wages are the major factor?
Okay, mention that to the right wingers who keep on bitching about the Printing of too much money by the Government.........ROTFLMAO!!

 

[Skoob]

So you are saying that Government spending is not a factor of inflation and just wages are the major factor?
Okay, nation that to the right wingers who keep on bitching about the Printing of too much money by the Government.........ROTFLMAO!!

No I'm saying your example of using Japan as a means to distract failed you.

 

[bver_hunter]

No I'm saying your example of using Japan as a means to distract failed you.

You failed just yourself!!

 

[Frankfooter]

To add further...nurses in Ontario are some of the highest paid in the country.

Prove it.

 

[bver_hunter]

You're talking about Frankfooter correct?

Wrong again........ The Not so young dude!!

 

[Skoob]

Wrong again........ The Not so young dude!!

No I could swear you're talking about Frankfooter...the description is too precise for it to be anyone else.
Are you sure?

 

[Skoob]

Prove it.

Nope. Every time I provide proof you ignore it and deflect to something else.

Ontario nurses, with salary, hourly pay and benefits are on par or better than most other provinces if you compare apples-to-apples as far as specific nursing role and responsibility.

 

[Not getting younger]

Leave it to Beaver who makes shit up, just to try and cover is utter ignorance. And your older than me Einstein…enjoy making fun of yourself? Your as bad and comical as Frank.

Beaver, you don’t grasp basic economics (proven by your statements and lack of knowledge on things) Like not grasping provincial economies…you lied then too when the lightbulb finally went off and sai “As I’ve said all along”..Utter bull shit, you never said anything of the sort and are just making shit up to try and cover your ignorance.

Are you denying you didn’t grasp that or the BoCs role…..which you don’t grasp or know/knew enough about to include it in your denials..

The right wingers including Pee Pee himself blames inflation on Government spending and makes virtually no reference to the GDP growth.

What you plainly don’t grasp is debt to gdp. What it looks at/measures, nor its “importance”. It’s got jack to do with inflation. Stop making shit up trying to sound smart. Nor do you obviously grasp the causes of inflation, one of which is “economic growth”…aka gdp…try to connect a couple dots will you…

As for governments “printing money”…earth to McFly that’s a cause/driver too. I suppose it’s beyond your meagre grasp of things to grasp making a bad situation worse…or throwing fuel on a fire?

Nor do you grasp capital bleed and why that’s such a bad thing, you don’t even consider it, think of it ( not unlike provincial economies, or the BoC or even simply the losses in manufacturing) You have to have shit spelled out for in baby steps) whereas those that grasp various things do look at various things…numerous things etc.

Then again, we know, you think you know better than many economists

 

[Frankfooter]

No I could swear you're talking about Frankfooter...the description is too precise for it to be anyone else.
Are you sure?

trolling.

Nope. Every time I provide proof you ignore it and deflect to something else.

Ontario nurses, with salary, hourly pay and benefits are on par or better than most other provinces if you compare apples-to-apples as far as specific nursing role and responsibility.

trolling.

And wrong, unless you're counting the contract nurses who are paid 2x the public wages.

 

[Skoob]

trolling.



trolling.

And wrong, unless you're counting the contract nurses who are paid 2x the public wages.

Calling you out for what you actually do is not trolling...it's the truth.
You need to get your facts right about Ontario nurses...otherwise you are just trolling.

 

[Frankfooter]

Calling you out for what you actually do is not trolling...it's the truth.
You need to get your facts right about Ontario nurses...otherwise you are just trolling.

You are always wrong and ill informed.

https://twitter.com/i/web/status/1742905390398845417

 

[pavel bure]

Leave it to Beaver who makes shit up, just to try and cover is utter ignorance. And your older than me Einstein…enjoy making fun of yourself? Your as bad and comical as Frank.

Beaver, you don’t grasp basic economics (proven by your statements and lack of knowledge on things) Like not grasping provincial economies…you lied then too when the lightbulb finally went off and sai “As I’ve said all along”..Utter bull shit, you never said anything of the sort and are just making shit up to try and cover your ignorance.

Are you denying you didn’t grasp that or the BoCs role…..which you don’t grasp or know/knew enough about to include it in your denials..



What you plainly don’t grasp is debt to gdp. What it looks at/measures, nor its “importance”. It’s got jack to do with inflation. Stop making shit up trying to sound smart. Nor do you obviously grasp the causes of inflation, one of which is “economic growth”…aka gdp…try to connect a couple dots will you…

As for governments “printing money”…earth to McFly that’s a cause/driver too. I suppose it’s beyond your meagre grasp of things to grasp making a bad situation worse…or throwing fuel on a fire?

Nor do you grasp capital bleed and why that’s such a bad thing, you don’t even consider it, think of it ( not unlike provincial economies, or the BoC or even simply the losses in manufacturing) You have to have shit spelled out for in baby steps) whereas those that grasp various things do look at various things…numerous things etc.

Then again, we know, you think you know better than many economists

Bver_hunter has proven you to be wrong. Why do you keep on going on and on with just insults? Canada is not insulated from what is happening around the globe as he has stated. The Supply Chain issues, Droughts, War in Ukraine, not to mention the lockdown effects of the pandemic are the root causes of price hikes. The BOC's role is just to try to stamp out the rising inflation due to the CPI. The GDP is not the main factor of the inflation.

 

[Not getting younger]

You are always wrong and ill informed.

https://twitter.com/i/web/status/1742905390398845417

Those are credible sources.

Agency nurses are paid substantially more. They don’t get vacation, or benefits, or pensions…I’m guessing you have no clue how expensive DBPs are….Id bet my house you can’t grasp why companies no longer offer them, or those few that do they are DCPs ( I’ll bet $ you don’t know what a DBP or DCP is) , nor do you know the province has been looking at changing them for almost 20 years.

So who is ill informed……..or do you still think windfarms aren’t on farms, or know who H1 or Drummond are…or that increasing healthcare budgets each year is cutting. For that matter if a government is hooked on deficits ( assuming you know what that word means) how does one balance a budget….or do you believe in magic.

What don’t you grasp about this

Based on the FAO’s estimate of the cost of current health sector programs and announced commitments, the FAO projects that health sector spending will grow at an average annual rate of 3.4 per cent between 2021-22 and 2025-26, reaching $86.7 billion in 2025-26. In comparison, the funding allocated by the Province in the 2023 Ontario Budget grows at a higher average annual rate of 3.7 per cent, reaching $87.6 billion by 2025-26.

Ontario Health Sector: 2023 Budget Spending Plan Review

This report reviews the Province’s health sector spending plan in the 2023 Ontario Budget and the 2023-24 Expenditure Estimates.

www.fao-on.org

or this

Ontario Health Sector: Spending Plan Review

This report reviews the Province’s health sector spending plan and discusses the Province’s plans for five priority areas.

www.fao-on.org

The problem is you Frank like a lot of people in the GTA like the beav. Your swallow LW koolaid, no differently than some swallow right wing koolaid….don’t follow politics or economics nor grasp finances. Nor know a lot about life outside the GTA…You don’t even know what cuts are…or aren’t….Nor did you listen to warnings for 20 years…

Nor things as simple as why soooooooo many people flooding Ontario. Since 2010ish or why…..never mind Boomers again . The hole the previous admin dug ( not unlike the current federal admin is digging) and you think money grows on trees. Nor do you grasp why sooooooooo many need to be hired ( old news, very old pre Ford news), nor do you grasp it’s the same in many areas of public service. Never mind a litany of other problems be they Hydro, places outside the center of the universe that don’t get table scraps, housing, infrastructure and on and on.

You think $$ grows on trees and don’t grasp why soooooooooooooooooooooooooo many people are swamping the province. But you do whine about the consequences of your choices. But you guys I guess including Pavel now too, think you know better than economist right?

 

[Frankfooter]

Those are credible sources.
Agency nurses are paid substantially more. They don’t get vacation, or benefits, or pensions…I’m guessing you have no clue how expensive DBPs are….Id bet my house you can’t grasp why companies no longer offer them, or those few that do they are DCPs, nor do you know the province has been looking at changing them for almost 20 years.

So who is ill informed……..or do you still think windfarms aren’t on farms, or that increasing healthcare budgets each year is cutting. For that matter if a government is hooked on deficits ( assuming you know what that word means) how does one balance a budget….or do you believe in magic.

What don’t you grasp about this

The increases you listed are below the level of inflation.
Go ahead and show the changes in inflation, nurse wage increases and health care spending.

It would be a fine way to prove you're right, if you can do it.