Showing posts with label harper economic malfeasance. Show all posts
Showing posts with label harper economic malfeasance. Show all posts

Friday, May 1, 2015

Can Stephen Harper Buy Your Conscience?

Stephen Harper offers so much to so few - tax cuts, increased Tax-Free Savings Accounts, income-splitting, to name but a few of his 'gifts.' His disingenuous rhetoric notwithstanding, however, Harper is really offering all kinds of bribes inducements for you to think only of yourself, and to ignore the niggling voice within telling you that all is not well.

This video offers a sharp reminder of the larger reality within which so many people must live. You probably know some of them.

Canadians Working Longer for Less Pay

How many times in the last year have you wondered... "What if it happens to me? What if I lose my job?" Who could blame you? More and more Canadians are barely hanging on.

Posted by CBC News: The National on Wednesday, April 29, 2015

Sunday, February 1, 2015

Remembering The Harper Record

If the progressive community is to have any hope of ridding the country of the Harper scourge next election, it must be relentless in reminding as many people as possible of his sorry record.

While Harper is now desperately rebranding himself from the now-failed Oil Czar to Strong Leader Standing Against ISIS (even if he has to command from the closet) remembrances of things past are crucial, as in the following Rick Mercer rant on the master economist's ineptitude:

Thursday, October 16, 2014

The Folly of Harper's Economic Emphasis



While no reasonable person would suggest that Canada should immediately turn its back on it resources, the folly of self-described economist Stephen Harper is the undue weighting his regime has placed on that sector for fiscal health. Other countries have been looking toward the day when our dependence on fossil fuels will be diminished and are therefore diversifying, and a strong case can be made for the economic benefits of renewable and other green energy projects. However, our Prime Minister has continued in a full-court press as if the Alberta tarsands were the only game in town.

The folly of that approach now becomes evident with the precipitous decline in oil prices, largely due to a slowdown in growth worldwide that, ironically, may very well be the key to curbing climate change. However, even if this a temporary blip, the warning should be heeded.

An analysis by Don Pitt makes for some sobering reading:
About a year ago, I read a report forecasting this would happen. It wasn't exactly top secret, and hardly from a subversive group. Titled, The future of oil: Yesterday's fuel, it was published in the right-of-centre Economist magazine.

The Economist article suggests that this is not going to be just a blip but more of a sea change, as global oil demand plunges permanently. The article quotes a study by Citibank saying that oil use is already falling in rich countries. Most oil is burned to propel vehicles, and increasing fuel efficiency, including conversion to electric and hybrids, means we are using less for that.

It rejects the argument that growth in places like China will push oil use ever higher, saying emerging economies will see the advantage of leap-frogging to new technology and won't pass through the first world's gas-guzzling phase. In the year since that report, an explosion of solar in India, and an analysis by Lazard saying renewables had become as cheap as fossil fuels, only made the case stronger.

The implication for job losses in Canada goes well beyond employment in the oil patch.
“Canada’s economy is now very oil dominated,” economists Rory Johnston and Patricia Mohr at Scotiabank said a few months ago as the Northern Gateway project was being approved by Ottawa.

Businesses based across Canada that feed into the sector, like railroads, engineering firms, construction companies and equipment makers will also be sideswiped if the decline leads energy producers to pull back production. Twenty-five cents of every dollar invested in new business plans goes toward oil and gas projects, Scotia estimates.

If exports and investment in the energy sector take hits, experts suggest the broader economy will feel the chill and begin to slow.
It would be nice to think that these hints of things to come would have an impact on the monomania that the Harper regime is seized of. Unfortunately, past ideological performance suggests nothing will change under the current administration.

Saturday, June 2, 2012

The Economy And The People

Several years ago, while he was still writing for Canada's self-proclaimed 'newspaper of record,' Rick Salutin penned a column entitled something like, The economy is doing fine, the people not so much. In it, he made some trenchant observations about how, over time, the well-being of the economy and the well-being of the people, once essentially synonymous, have sharply diverged. His thesis was that while the economy once served the people, today the opposite is true.

Echoing that thesis, in today's column entitled GM Oshawa job cuts show real economy hurting under Stephen Harper Thomas Walkom offers a similar perspective.

His biting analysis begins:

When Stephen Harper’s Conservatives talk about protecting the economy, they are speaking of an abstraction.

They override the right to strike of rail and airline workers in order to further this abstraction. They run roughshod over the environment in its name.

But the real economy is not an abstraction. It is people’s jobs and wages. It is our livelihood. It is how we get by.

And this real economy is not doing well.

Walkom then goes on to eviscerate the propaganda so proudly and persistently proclaimed by Harper Inc. that they are economic masters of the universe, the only party protecting the values and addressing the concerns of 'ordinary Canadians.'

For an inkling of whose interests the Harper regime is really protecting, please take a look at the article. Must reading in the arsenal of the critical thinker.