All Things Trudeau, Chapter 2

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nucksRnum1
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Re: All Things Trudeau, Chapter 2

Post by nucksRnum1 »

The Green Barbarian wrote: Nov 29th, 2021, 12:08 pm
nucksRnum1 wrote: Nov 29th, 2021, 12:07 pm

What do you mean by lying about Conservative policy? .
I mean exactly that. We see the same fear-mongering and lies every election from the same gang of paid idiot Liberal DI's, who lie their fat butts off, in the name of a pay cheque. They are fed directly from the PMO. Why would the PMO want to kill one of their main campaign strategies and ham-string these paid liars?
This upside-down or rubber and glue schtick must be exhausting. How do conservative DI's keep track of all the lies and allegations? Using fear-mongering to stir up their base telling them the sky is falling because of Trudeau Liberals.
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Re: All Things Trudeau, Chapter 2

Post by The Green Barbarian »

nucksRnum1 wrote: Nov 29th, 2021, 12:26 pm

This upside-down or rubber and glue schtick must be exhausting.
For you anyway.

Justin's team at the PMO really don't want to cut off one of their main campaign features - disinformation. That's why they can't afford to have their paid liars disciplined by online social media police. How else could these horrible liars fear monger about gay marriage, abortion and the man-made climate change myth? It's a tried and true model, that only the pure slime at the Liberal PMO love to utilize.
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Re: All Things Trudeau, Chapter 2

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The Green Barbarian wrote: Nov 29th, 2021, 12:29 pm How else could these horrible liars fear monger about gay marriage, abortion and the man-made climate change myth?
Right wing fear mongers certainly are effective at scaring their base with lies about Trudeau's policies on gay marriage, abortion and climate change. But thankfully most Canadians are smart enough to not be fooled by such right wing nonsense, which is likely why Trudeau has won 3 elections in a row against the fear mongering conservatives.
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Re: All Things Trudeau, Chapter 2

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:-X :topic:
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Re: All Things Trudeau, Chapter 2

Post by Catri »

Thinktank wrote: Nov 29th, 2021, 11:49 am QUESTION FOR TRUDEAU:

If you and Omar Alghabra will not allow someone who hasn't been sick for thirty one years and does not have Covid to fly on planes,
but you do allow the entire fully - 100% VAXXED - Ottawa Senators hockey team to travel
on planes and trains in Canada and everywhere else spreading the disease

here is my question,

Would you allow me a one way ticket, on a plane to get out of Canada for good?


Image

look at them smile - they gave themselves the right to fly anywhere they want.
I'm sure you could find a way out if you really wanted to, but where would you go?
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Re: All Things Trudeau, Chapter 2

Post by Thinktank »

Catri wrote: Nov 29th, 2021, 2:29 pm I'm sure you could find a way out if you really wanted to, but where would you go?
Just today, someone on another forum gave me this link. It has exemptions. All this time no one castanet
told me about those exemptions. One exemption is "sincere religious belief" - and that might be my ticket out of here.
But I would still stay in Canada - just need a vacation before I go crazy.


https://travel.gc.ca/travel-covid/trave ... exceptions
HAHAHAHAHA - Only 2% got Bonnie's Wicked Booster Shot.
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Re: All Things Trudeau, Chapter 2

Post by nucksRnum1 »

The Green Barbarian wrote: Nov 29th, 2021, 12:29 pm
nucksRnum1 wrote: Nov 29th, 2021, 12:26 pm

This upside-down or rubber and glue schtick must be exhausting.
For you anyway.

Justin's team at the PMO really don't want to cut off one of their main campaign features - disinformation. That's why they can't afford to have their paid liars disciplined by online social media police. How else could these horrible liars fear monger about gay marriage, abortion and the man-made climate change myth? It's a tried and true model, that only the pure slime at the Liberal PMO love to utilize.
Where is your proof of paid actors? Where is the empirical truth that what you don't agree with is disinformation? The mongering as you call it was based on fact. The conservative base in the west would be no different than what happened in the US if in Ottawa. Utilizing truth as a narrative is not slimy. Robocalls and convicted election fraud were.
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Re: All Things Trudeau, Chapter 2

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https://torontosun.com/opinion/columnis ... or-seniors

“ All last week when the Conservatives were asking about inflation, the Liberals turned to child care as the answer. On Wednesday, when Trudeau himself was answering every question, he responded with child care even when asked about the price of food going up.

Lowering child care costs is incredibly important for families with children in need of care but let’s face some facts: That is a small percentage of the population. The Liberal program, which will take five years to lower fees to $10 per day, won’t help people who have no children or older children.
When seniors on a fixed income see food prices go up 14% on average for beef or nearly 9% for chicken, a $10-a-day child care program that comes into full effect five years from now will not help pay the grocery bill. As temperatures drop in our Canadian winter, a child care plan won’t help people looking at their natural gas bill being up 18% while their paycheque has remained flat”

<SNIP>

“ A growing chorus of economists are warning the government that their own out-of-control spending is helping contribute to this inflation crisis and they should take their foot off the accelerator. Trudeau’s response is to answer with more government spending, which will only exacerbate the problem further.

Trudeau could easily sound empathetic to Canadians worried about this issue – and there are a lot of them – but he comes across as cold, aloof and out of touch. That’s dangerous for him politically. Even his most strident supporters know that Trudeau is a trust-fund baby who has never had to worry about money in his life — his inability to understand that others do have that worry could erode fragile support.”
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Re: All Things Trudeau, Chapter 2

Post by The Green Barbarian »

nucksRnum1 wrote: Nov 29th, 2021, 7:04 pm The mongering as you call it was based on fact.
Of course it wasn't. Those paid PMO liars don't want to be exposed. The PMO can't have that happen. They pay people to lie about the Conservatives, and lie they do. Oh boy do they ever.
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Re: All Things Trudeau, Chapter 2

Post by hobbyguy »

Hurtlander wrote: Nov 29th, 2021, 7:10 pm https://torontosun.com/opinion/columnis ... or-seniors

“ All last week when the Conservatives were asking about inflation, the Liberals turned to child care as the answer. On Wednesday, when Trudeau himself was answering every question, he responded with child care even when asked about the price of food going up.

Lowering child care costs is incredibly important for families with children in need of care but let’s face some facts: That is a small percentage of the population. The Liberal program, which will take five years to lower fees to $10 per day, won’t help people who have no children or older children.
When seniors on a fixed income see food prices go up 14% on average for beef or nearly 9% for chicken, a $10-a-day child care program that comes into full effect five years from now will not help pay the grocery bill. As temperatures drop in our Canadian winter, a child care plan won’t help people looking at their natural gas bill being up 18% while their paycheque has remained flat”

<SNIP>

“ A growing chorus of economists are warning the government that their own out-of-control spending is helping contribute to this inflation crisis and they should take their foot off the accelerator. Trudeau’s response is to answer with more government spending, which will only exacerbate the problem further.

Trudeau could easily sound empathetic to Canadians worried about this issue – and there are a lot of them – but he comes across as cold, aloof and out of touch. That’s dangerous for him politically. Even his most strident supporters know that Trudeau is a trust-fund baby who has never had to worry about money in his life — his inability to understand that others do have that worry could erode fragile support.”
And fails to understand the context of the situation as usual. The right wing, and the sun is pretty far right, always seems to take a simplistic and deliberately uniformed view.

The thing about free market capitalist systems is that they do work better than government controlled systems. If we look around the world and historically, dictatorship systems don't work well for people, nor communist systems (although those two often go together).

Part of that is the reality that unlike the failed Soviet system of the USSR, or the Maoist system, the Canadian government doesn't set prices. The market supply and demand balance sets prices. Inflation (increasing prices) sets in when market demand outstrips supply. That balance is tricky and has become even more so as globalization has increased.

It is beyond the ability of any individual government to have major impacts on short term prices, short of doing the dictatorial price controls - which also require wage controls. Having seen the wage and price control thingy, and the lack of positive effect and resultant failure - that's an avenue that should remain closed.

Yup, the current Trudeau Liberal government is indeed making moves to try to alleviate the short term supply/demand problems, which are being exacerbated by pandemic and climate change effects that have totally messed up free market conditions. Yup, they are doing what they can to to push ports to clear container backlogs, but destroyed highways and rail lines have defeated the best possible efforts. Similar issues are plaguing the US, UK, France et al.

Arguably, globalization has lowered prices in the long term, but the fragility created by long and complex supply chains - especially those that have been concentrated in the control of a few corporations - have been exposed. Yup, relying on one supplier thousands of miles away is proving to be a very vulnerable situation - and one that has proven unable to handle the pandemic induced effects that have been made worse by climate change effects.

Case in point: televisions. We used to make TVs in Canada. Yup, I bought a Canadian made TV in the 1970s. Paid about $500 for a 20 inch color TV. According to the BOC calculator, that's about $1,750 in 2021 $. Yup, I can go to the local big store and pay $300 for a far better 40 inch TV today.

The flip side is that the jobs went away, and the additional income in a poor country is creating additional demand on a global basis.

Add in the manipulations of the likes of OPEC, and the situation is waaay beyond the control of any individual governemnt.

So here we are with the right wing whining about short term inflation, when it was the right wing that pushed globalization in the first place. Well there is no free lunch. Globalization means that what happens in China, or Australia, or Singapore, or Santiago or Paris affects what happens in Canada etc. etc.

And yup, inflation in Canada is running 5% ish in the short term. Macklem and many others feel that is a short term phenomenon. Maybe it is, maybe not. There are many factors that have changed during the pandemic, not the least of which has been an acceleration in retirements (which was coming anyway) leading some sectors experiencing labor shortages.

Probably most telling is this: https://www.cnn.com/2021/11/10/economy/ ... index.html

"China has a big inflation problem and it's pushing up prices worldwide"

The cost of goods leaving China's factories surged by another record rate last month, and there are increasing signs that consumers are starting to feel the pain.
The Producer Price Index jumped 13.5% in October from a year ago, accelerating from September's 10.7%,"

SNIP

"Vegetable prices jumped 16% in October, mainly due to heavy rainfall and rising transportation costs, according to a statement from Dong Lijuan, a senior statistician for the NBS. Extreme weather has hurt crops, and authorities have acknowledged that the cost of transiting across regions could rise because of strict measures intended to contain outbreaks of Covid-19.
Gasoline and diesel prices rose more than 30%, Dong said."

SNIP

"Rising inflation in the country is also triggering global concerns. The soaring producer inflation is "fueling upward pressure on global inflation," considering China's role as the world's factory and its importance to the global supply chain, according to Ken Cheung, chief Asian foreign exchange strategist for Mizuho Bank.
Producer inflation also may stay high "for a while, likely through the winter," said Jing Liu, senior economist for Greater China at HSBC. She added that energy prices may also continue to rise, and expected that consumer inflation could continue to pick up."

So yup, hang onto your hats. The free market is re-balancing after having been hammered by the pandemic, and for many of us, the only choice is going to be to cut back. It won't be fun.

What can Trudeau do about that complex situation? Well, they are trying to help the ports out, but that's only part of it. They are trying to help out parents with young children, but that's only part of it. They are trying to help out folks looking to buy their first home, but that's only part of it. They are trying to help out seniors with better access to home care, but that's only part of it. None of which is going stop the short term situation as all are longer term issues.

Face it, if dictatorial China can't "fix it", the US with its economic might can't "fix it", what exactly can Canada do?

Yup, interest rates are going to go up - sometime in the spring (most likely). But that won't do much for the large chunk of Canadians with mortgages - their costs will go up! And yup, that will spill over into rents and so on. Interest rates are not really something that we want politicians like Trudeau, Singh, O'Toole and Blanchet playing around with - that's best left to the BOC.

So perhaps the right wing ought to propose some solutions? Nope, as usual, they will troll spin Trudeau bashing nonsense.
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Re: All Things Trudeau, Chapter 2

Post by Hurtlander »

hobbyguy wrote: Nov 30th, 2021, 8:29 am
Hurtlander wrote: Nov 29th, 2021, 7:10 pm https://torontosun.com/opinion/columnis ... or-seniors

“ All last week when the Conservatives were asking about inflation, the Liberals turned to child care as the answer. On Wednesday, when Trudeau himself was answering every question, he responded with child care even when asked about the price of food going up.

Lowering child care costs is incredibly important for families with children in need of care but let’s face some facts: That is a small percentage of the population. The Liberal program, which will take five years to lower fees to $10 per day, won’t help people who have no children or older children.
When seniors on a fixed income see food prices go up 14% on average for beef or nearly 9% for chicken, a $10-a-day child care program that comes into full effect five years from now will not help pay the grocery bill. As temperatures drop in our Canadian winter, a child care plan won’t help people looking at their natural gas bill being up 18% while their paycheque has remained flat”

<SNIP>

“ A growing chorus of economists are warning the government that their own out-of-control spending is helping contribute to this inflation crisis and they should take their foot off the accelerator. Trudeau’s response is to answer with more government spending, which will only exacerbate the problem further.

Trudeau could easily sound empathetic to Canadians worried about this issue – and there are a lot of them – but he comes across as cold, aloof and out of touch. That’s dangerous for him politically. Even his most strident supporters know that Trudeau is a trust-fund baby who has never had to worry about money in his life — his inability to understand that others do have that worry could erode fragile support.”
And fails to understand the context of the situation as usual. The right wing, and the sun is pretty far right, always seems to take a simplistic and deliberately uniformed view.

The thing about free market capitalist systems is that they do work better than government controlled systems. If we look around the world and historically, dictatorship systems don't work well for people, nor communist systems (although those two often go together).

Part of that is the reality that unlike the failed Soviet system of the USSR, or the Maoist system, the Canadian government doesn't set prices. The market supply and demand balance sets prices. Inflation (increasing prices) sets in when market demand outstrips supply. That balance is tricky and has become even more so as globalization has increased.

It is beyond the ability of any individual government to have major impacts on short term prices, short of doing the dictatorial price controls - which also require wage controls. Having seen the wage and price control thingy, and the lack of positive effect and resultant failure - that's an avenue that should remain closed.

Yup, the current Trudeau Liberal government is indeed making moves to try to alleviate the short term supply/demand problems, which are being exacerbated by pandemic and climate change effects that have totally messed up free market conditions. Yup, they are doing what they can to to push ports to clear container backlogs, but destroyed highways and rail lines have defeated the best possible efforts. Similar issues are plaguing the US, UK, France et al.

Arguably, globalization has lowered prices in the long term, but the fragility created by long and complex supply chains - especially those that have been concentrated in the control of a few corporations - have been exposed. Yup, relying on one supplier thousands of miles away is proving to be a very vulnerable situation - and one that has proven unable to handle the pandemic induced effects that have been made worse by climate change effects.

Case in point: televisions. We used to make TVs in Canada. Yup, I bought a Canadian made TV in the 1970s. Paid about $500 for a 20 inch color TV. According to the BOC calculator, that's about $1,750 in 2021 $. Yup, I can go to the local big store and pay $300 for a far better 40 inch TV today.

The flip side is that the jobs went away, and the additional income in a poor country is creating additional demand on a global basis.

Add in the manipulations of the likes of OPEC, and the situation is waaay beyond the control of any individual governemnt.

So here we are with the right wing whining about short term inflation, when it was the right wing that pushed globalization in the first place. Well there is no free lunch. Globalization means that what happens in China, or Australia, or Singapore, or Santiago or Paris affects what happens in Canada etc. etc.

And yup, inflation in Canada is running 5% ish in the short term. Macklem and many others feel that is a short term phenomenon. Maybe it is, maybe not. There are many factors that have changed during the pandemic, not the least of which has been an acceleration in retirements (which was coming anyway) leading some sectors experiencing labor shortages.

Probably most telling is this: https://www.cnn.com/2021/11/10/economy/ ... index.html

"China has a big inflation problem and it's pushing up prices worldwide"

The cost of goods leaving China's factories surged by another record rate last month, and there are increasing signs that consumers are starting to feel the pain.
The Producer Price Index jumped 13.5% in October from a year ago, accelerating from September's 10.7%,"

SNIP

"Vegetable prices jumped 16% in October, mainly due to heavy rainfall and rising transportation costs, according to a statement from Dong Lijuan, a senior statistician for the NBS. Extreme weather has hurt crops, and authorities have acknowledged that the cost of transiting across regions could rise because of strict measures intended to contain outbreaks of Covid-19.
Gasoline and diesel prices rose more than 30%, Dong said."

SNIP

"Rising inflation in the country is also triggering global concerns. The soaring producer inflation is "fueling upward pressure on global inflation," considering China's role as the world's factory and its importance to the global supply chain, according to Ken Cheung, chief Asian foreign exchange strategist for Mizuho Bank.
Producer inflation also may stay high "for a while, likely through the winter," said Jing Liu, senior economist for Greater China at HSBC. She added that energy prices may also continue to rise, and expected that consumer inflation could continue to pick up."

So yup, hang onto your hats. The free market is re-balancing after having been hammered by the pandemic, and for many of us, the only choice is going to be to cut back. It won't be fun.

What can Trudeau do about that complex situation? Well, they are trying to help the ports out, but that's only part of it. They are trying to help out parents with young children, but that's only part of it. They are trying to help out folks looking to buy their first home, but that's only part of it. They are trying to help out seniors with better access to home care, but that's only part of it. None of which is going stop the short term situation as all are longer term issues.

Face it, if dictatorial China can't "fix it", the US with its economic might can't "fix it", what exactly can Canada do?

Yup, interest rates are going to go up - sometime in the spring (most likely). But that won't do much for the large chunk of Canadians with mortgages - their costs will go up! And yup, that will spill over into rents and so on. Interest rates are not really something that we want politicians like Trudeau, Singh, O'Toole and Blanchet playing around with - that's best left to the BOC.

So perhaps the right wing ought to propose some solutions? Nope, as usual, they will troll spin Trudeau bashing nonsense.
Absolutely no part of your 10,000 word diatribe deals with the fact that Trudeau doesn’t have the first clue what it’s like to go through life not having a trust fund, the fact that Trudeau doesn’t have to concern himself with the price of milk, eggs, meat or bread because he’s filthy rich. When it’s been pointed out in the House of Commons that inflation is really hurting seniors, all brain-dead Trudeau can come up with is his $10.00 day care plan…. The government needs to immediately put some measures in place to help control inflation, the country needs serious belt tightening measures, the government needs to stop printing money, interest rates need to go up etc, all things that have proven to work in my lifetime, certainly it’ll be an uncomfortable hard reality for a few years, but it needs to be done because this is getting completely out of control.
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If Israel disarmed it would be exterminated.
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Re: All Things Trudeau, Chapter 2

Post by The Green Barbarian »

Hurtlander wrote: Nov 30th, 2021, 9:51 am
Absolutely no part of your 10,000 word diatribe deals with the fact that Trudeau doesn’t have the first clue what it’s like to go through life not having a trust fund, the fact that Trudeau doesn’t have to concern himself with the price of milk, eggs, meat or bread because he’s filthy rich. When it’s been pointed out in the House of Commons that inflation is really hurting seniors, all brain-dead Trudeau can come up with is his $10.00 day care plan…. The government needs to immediately put some measures in place to help control inflation, the country needs serious belt tightening measures, the government needs to stop printing money, interest rates need to go up etc, all things that have proven to work in my lifetime, certainly it’ll be an uncomfortable hard reality for a few years, but it needs to be done because this is getting completely out of control.
:up: :up:

Exactly right. The Liberals have no plan, and when called out, all their sycophants will respond with are the usual troll spin CPC bashing nonsense. This is just like 1974 all over again, even with some of the actors having the same last name:
“Zap you’re frozen!”

Line used by Pierre Trudeau in the 1974 general election1 to mock federal Progressive Conservative Leader Robert Stanfield’s2 proposal for wage and price controls to combat inflation.

Like many good campaign lines, it worked because it was pithy and fun. However, its lasting fame was truly born when, less than 18 months later, Trudeau (who regained a majority in the election) reversed his opposition and imposed wage and price controls of his own.

“Zap you’re frozen!” became an epithet endlessly hurled at his government through the balance of the term as a way to attack Trudeau’s flip-flop and, often, to imply a more fundamental political dishonesty.
https://parli.ca/zap-youre-frozen/
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Re: All Things Trudeau, Chapter 2

Post by nucksRnum1 »

Hurtlander wrote: Nov 30th, 2021, 9:51 amAbsolutely no part of your 10,000 word diatribe deals with the fact that Trudeau doesn’t have the first clue what it’s like to go through life not having a trust fund, the fact that Trudeau doesn’t have to concern himself with the price of milk, eggs, meat or bread because he’s filthy rich. When it’s been pointed out in the House of Commons that inflation is really hurting seniors, all brain-dead Trudeau can come up with is his $10.00 day care plan…. The government needs to immediately put some measures in place to help control inflation, the country needs serious belt tightening measures, the government needs to stop printing money, interest rates need to go up etc, all things that have proven to work in my lifetime, certainly it’ll be an uncomfortable hard reality for a few years, but it needs to be done because this is getting completely out of control.
Funny. Trudeau is not much more wealthy dollar for dollar than Harper was. And yet......conservatives idolize Harper.
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Re: All Things Trudeau, Chapter 2

Post by The Green Barbarian »

nucksRnum1 wrote: Nov 30th, 2021, 10:07 am
Funny. Trudeau is not much more wealthy dollar for dollar than Harper was.
Funny, that's 100% a massive prevarication. What else is new.
And yet......conservatives idolize Harper.
Because he was an adult and knew what he was doing, unlike the brain-dead children in the Liberal party.
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Re: All Things Trudeau, Chapter 2

Post by W105 »

Hurtlander wrote: Nov 30th, 2021, 9:51 am
hobbyguy wrote: Nov 30th, 2021, 8:29 am

And fails to understand the context of the situation as usual. The right wing, and the sun is pretty far right, always seems to take a simplistic and deliberately uniformed view.

The thing about free market capitalist systems is that they do work better than government controlled systems. If we look around the world and historically, dictatorship systems don't work well for people, nor communist systems (although those two often go together).

Part of that is the reality that unlike the failed Soviet system of the USSR, or the Maoist system, the Canadian government doesn't set prices. The market supply and demand balance sets prices. Inflation (increasing prices) sets in when market demand outstrips supply. That balance is tricky and has become even more so as globalization has increased.

It is beyond the ability of any individual government to have major impacts on short term prices, short of doing the dictatorial price controls - which also require wage controls. Having seen the wage and price control thingy, and the lack of positive effect and resultant failure - that's an avenue that should remain closed.

Yup, the current Trudeau Liberal government is indeed making moves to try to alleviate the short term supply/demand problems, which are being exacerbated by pandemic and climate change effects that have totally messed up free market conditions. Yup, they are doing what they can to to push ports to clear container backlogs, but destroyed highways and rail lines have defeated the best possible efforts. Similar issues are plaguing the US, UK, France et al.

Arguably, globalization has lowered prices in the long term, but the fragility created by long and complex supply chains - especially those that have been concentrated in the control of a few corporations - have been exposed. Yup, relying on one supplier thousands of miles away is proving to be a very vulnerable situation - and one that has proven unable to handle the pandemic induced effects that have been made worse by climate change effects.

Case in point: televisions. We used to make TVs in Canada. Yup, I bought a Canadian made TV in the 1970s. Paid about $500 for a 20 inch color TV. According to the BOC calculator, that's about $1,750 in 2021 $. Yup, I can go to the local big store and pay $300 for a far better 40 inch TV today.

The flip side is that the jobs went away, and the additional income in a poor country is creating additional demand on a global basis.

Add in the manipulations of the likes of OPEC, and the situation is waaay beyond the control of any individual governemnt.

So here we are with the right wing whining about short term inflation, when it was the right wing that pushed globalization in the first place. Well there is no free lunch. Globalization means that what happens in China, or Australia, or Singapore, or Santiago or Paris affects what happens in Canada etc. etc.

And yup, inflation in Canada is running 5% ish in the short term. Macklem and many others feel that is a short term phenomenon. Maybe it is, maybe not. There are many factors that have changed during the pandemic, not the least of which has been an acceleration in retirements (which was coming anyway) leading some sectors experiencing labor shortages.

Probably most telling is this: https://www.cnn.com/2021/11/10/economy/ ... index.html

"China has a big inflation problem and it's pushing up prices worldwide"

The cost of goods leaving China's factories surged by another record rate last month, and there are increasing signs that consumers are starting to feel the pain.
The Producer Price Index jumped 13.5% in October from a year ago, accelerating from September's 10.7%,"

SNIP

"Vegetable prices jumped 16% in October, mainly due to heavy rainfall and rising transportation costs, according to a statement from Dong Lijuan, a senior statistician for the NBS. Extreme weather has hurt crops, and authorities have acknowledged that the cost of transiting across regions could rise because of strict measures intended to contain outbreaks of Covid-19.
Gasoline and diesel prices rose more than 30%, Dong said."

SNIP

"Rising inflation in the country is also triggering global concerns. The soaring producer inflation is "fueling upward pressure on global inflation," considering China's role as the world's factory and its importance to the global supply chain, according to Ken Cheung, chief Asian foreign exchange strategist for Mizuho Bank.
Producer inflation also may stay high "for a while, likely through the winter," said Jing Liu, senior economist for Greater China at HSBC. She added that energy prices may also continue to rise, and expected that consumer inflation could continue to pick up."

So yup, hang onto your hats. The free market is re-balancing after having been hammered by the pandemic, and for many of us, the only choice is going to be to cut back. It won't be fun.

What can Trudeau do about that complex situation? Well, they are trying to help the ports out, but that's only part of it. They are trying to help out parents with young children, but that's only part of it. They are trying to help out folks looking to buy their first home, but that's only part of it. They are trying to help out seniors with better access to home care, but that's only part of it. None of which is going stop the short term situation as all are longer term issues.

Face it, if dictatorial China can't "fix it", the US with its economic might can't "fix it", what exactly can Canada do?

Yup, interest rates are going to go up - sometime in the spring (most likely). But that won't do much for the large chunk of Canadians with mortgages - their costs will go up! And yup, that will spill over into rents and so on. Interest rates are not really something that we want politicians like Trudeau, Singh, O'Toole and Blanchet playing around with - that's best left to the BOC.

So perhaps the right wing ought to propose some solutions? Nope, as usual, they will troll spin Trudeau bashing nonsense.
Absolutely no part of your 10,000 word diatribe deals with the fact that Trudeau doesn’t have the first clue what it’s like to go through life not having a trust fund, the fact that Trudeau doesn’t have to concern himself with the price of milk, eggs, meat or bread because he’s filthy rich. When it’s been pointed out in the House of Commons that inflation is really hurting seniors, all brain-dead Trudeau can come up with is his $10.00 day care plan…. The government needs to immediately put some measures in place to help control inflation, the country needs serious belt tightening measures, the government needs to stop printing money, interest rates need to go up etc, all things that have proven to work in my lifetime, certainly it’ll be an uncomfortable hard reality for a few years, but it needs to be done because this is getting completely out of control.

:up: :up:

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