Discussion:
US Employment Up; Socialist Canada's Is Down
(too old to reply)
Erik Trammel
2004-04-08 20:42:24 UTC
Permalink
Today's Canadian unemployment stats show a 15,000 rise for March,
whereas in the more right-wing U.S. under Bush's supply -side, the weekly
requests for unemployment assistance were down to a 3 1/2 year low.

This is good news for Bush, but bad news for Canada's Liberals/socialists and Paul Martin,
with federal elections in both nations coming in the near future. "It's the economy stupid".

Canada's unemployment rate is now almost two full points higher than that of the
U.S., 7.5% to the US 5.7 %. And the Canadian loonie is now sinking again.

No wonder Martin has been scrambling around Southern and Central Ontario
and Quebec in attempting to halt the Liberal's free fall in popularity after the sponsorgate scandal.
Don Dickson
2004-04-08 22:15:02 UTC
Permalink
Post by Erik Trammel
Today's Canadian unemployment stats show a 15,000 rise for March,
whereas in the more right-wing U.S. under Bush's supply -side, the weekly
requests for unemployment assistance were down to a 3 1/2 year low.
This is good news for Bush, but bad news for Canada's Liberals/socialists and Paul Martin,
with federal elections in both nations coming in the near future. "It's the
economy stupid".
You don't mention that Bush is the 1st president since WWII to have an average
monthly job LOSS over his entire term as president. Funny thing that
Eisenhower(2nd term) and Bush Sr. rank 2nd and 3rd respectively as the
presidents who had the lowest rates rates of job creation. Democratic presidents
have a much better job creation record on average than Republicans. Even the
fabulous Ronald Reagan ranks #3 (in his second term) behind both of Clinton's
terms.

http://www.geocities.com/delreybird/job_loss_chart.html
Post by Erik Trammel
Canada's unemployment rate is now almost two full points higher than that of the
U.S., 7.5% to the US 5.7 %. And the Canadian loonie is now sinking again.
And it always will be about 2% higher because the US statistical method of
calculating unemployment doesn't consider people "unemployed" whose only method
of job search was to check help wanted ads. They are "not in the labour force".
--
Don Dickson
Eric®
2004-04-09 02:37:22 UTC
Permalink
John Lambourn, posting as "Erik Trammel" wrote...
Post by Erik Trammel
Today's Canadian unemployment stats show a 15,000 rise for March,
whereas in the more right-wing U.S. under Bush's supply -side, the weekly
requests for unemployment assistance were down to a 3 1/2 year low.
This is good news for Bush, but bad news for Canada's Liberals/socialists and Paul Martin,
with federal elections in both nations coming in the near future. "It's the economy stupid".
Canada's unemployment rate is now almost two full points higher than that of the
U.S., 7.5% to the US 5.7 %. And the Canadian loonie is now sinking again.
No wonder Martin has been scrambling around Southern and Central Ontario
and Quebec in attempting to halt the Liberal's free fall in popularity after the sponsorgate scandal.
Perhaps Canada should also run a 1/2 trillion deficit - blowing money on
all kinds of corporate & individual welfare programs.

Just think - we could have 'supply-side' full employment too.

Idiot.

___________________________________________________________________
***@lycos.com (Eric)

Nothing is more revolting than the majority; for it consists
of few vigorous predecessors, of knaves who accommodate themselves,
of weak people who assimilate themselves, and the mass that toddles
after them without knowing in the least what it wants.
- J.W. von Goethe
Bill G
2004-04-09 06:39:35 UTC
Permalink
Post by Eric®
John Lambourn, posting as "Erik Trammel" wrote...
Post by Erik Trammel
Today's Canadian unemployment stats show a 15,000 rise for March,
whereas in the more right-wing U.S. under Bush's supply -side, the weekly
requests for unemployment assistance were down to a 3 1/2 year low.
This is good news for Bush, but bad news for Canada's Liberals/socialists and Paul Martin,
with federal elections in both nations coming in the near future. "It's the economy stupid".
Canada's unemployment rate is now almost two full points higher than that of the
U.S., 7.5% to the US 5.7 %. And the Canadian loonie is now sinking again.
snip<
Of course, you remember that when the Liberals took office in 1993 the
US unemployment rate was 6.9% and Canada's was 11.2%. Wow, under the
Liberals the spread has gone from 4.3 percentage points to under 2
percentage points - what an improvement!

Also, here are some more tidbits:

Canadian employment Q1 '01 versus Mar 2004 is up > 700,000 jobs
(seasonally adjusted) (I don't have exact figures, but I am
eye-balling the graph provided at the Statscan website in the current
employment release). found here:
http://www.statcan.ca/Daily/English/040408/d040408a.htm
Year over year, employment in Canada is up 200,000 jobs.

US employment Mar 01 versus Mar 04 is DOWN by 1.959 MM jobs (according
to the payroll survey). In the household survey (more comparable to
statscan in methodology) employment is up 446,000 jobs over this
period. Encouragingly, the short-term trend for both measures is much
better ... yr over yr (+627,000 jobs payroll and +1.3 MM jobs
household). (these figures are right from the BLS website here :
http://www.bls.gov/ces/home.htm (pdf file "summary of recent trends").

Whether comparing employment results to the US is relevant is open to
debate; however, the track record on job creation in Canada since the
start of 2001 matches up incredibly well versus the US. Canada has
created twice as many jobs (statscan versus houselhold survey) and the
US has a labour force 8.5 times bigger.

with best wishes

bill
Eric®
2004-04-10 01:51:30 UTC
Permalink
Bill G wrote...
Post by Bill G
Of course, you remember that when the Liberals took office in 1993 the
US unemployment rate was 6.9% and Canada's was 11.2%. Wow, under the
Liberals the spread has gone from 4.3 percentage points to under 2
percentage points - what an improvement!
You included a previous poster in your attributions. You are responding
to the wrong guy.
___________________________________________________________________
***@lycos.com (Eric)

Nothing is more revolting than the majority; for it consists
of few vigorous predecessors, of knaves who accommodate themselves,
of weak people who assimilate themselves, and the mass that toddles
after them without knowing in the least what it wants.
- J.W. von Goethe
Bill G
2004-04-10 06:06:27 UTC
Permalink
Post by Eric®
Bill G wrote...
Post by Bill G
Of course, you remember that when the Liberals took office in 1993 the
US unemployment rate was 6.9% and Canada's was 11.2%. Wow, under the
Liberals the spread has gone from 4.3 percentage points to under 2
percentage points - what an improvement!
You included a previous poster in your attributions. You are responding
to the wrong guy.
___________________________________________________________________
Nothing is more revolting than the majority; for it consists
of few vigorous predecessors, of knaves who accommodate themselves,
of weak people who assimilate themselves, and the mass that toddles
after them without knowing in the least what it wants.
- J.W. von Goethe
Thanks - I guess! Nobody has ever excused me of being smart. well,
there is no better place to look like a maroon than the internet.

cheers

bill
Justa Guy
2004-04-09 12:55:38 UTC
Permalink
Post by Erik Trammel
Today's Canadian unemployment stats show a 15,000 rise for March,
whereas in the more right-wing U.S. under Bush's supply -side, the weekly
requests for unemployment assistance were down to a 3 1/2 year low.
This is good news for Bush, but bad news for Canada's Liberals/socialists and Paul Martin,
with federal elections in both nations coming in the near future. "It's the economy stupid".
Canada's unemployment rate is now almost two full points higher than that of the
U.S., 7.5% to the US 5.7 %. And the Canadian loonie is now sinking again.
No wonder Martin has been scrambling around Southern and Central Ontario
and Quebec in attempting to halt the Liberal's free fall in popularity after the sponsorgate scandal.
As a business owner and employer I can tell you for a fact. Canadian
businesses (not the ones subsidized in Quebec with our tax dollars)
cannot be competitive with American business as a result of over
taxation.
Simply put, the Americans are able to reinvest a far bigger percentage
of their profits back into growth and tecnology than are their
Canadian counterparts able to do. Consequently, we lose ground
rapidly.
Canada *could* have a thriving economy and in my opinion, a better
standard of living than the US, *IF* Canadian government was more
small business friendly and worked to LOWER all taxes so Canadians had
more disposable income.
Keep in mind Americans are not paying for such wasteful things as
bilingualism.
The difference between Canada and the US. Canada's financial affairs
are run by politicians which have no more business sense than
housewives, whereas American government financial affairs are run by
*HIRED* experts from the private sector with a proven record of
success.
If you think it looks bad now, look back in twenty years, it is going
to get much, much worse in Canada.

(now comes the respones from the inexperienced, untravelled, non
business owning Canadians that don't truly see or know the difference)
E. Barry Bruyea
2004-04-09 18:53:59 UTC
Permalink
Post by Justa Guy
Post by Erik Trammel
Today's Canadian unemployment stats show a 15,000 rise for March,
whereas in the more right-wing U.S. under Bush's supply -side, the weekly
requests for unemployment assistance were down to a 3 1/2 year low.
This is good news for Bush, but bad news for Canada's Liberals/socialists and Paul Martin,
with federal elections in both nations coming in the near future. "It's the economy stupid".
Canada's unemployment rate is now almost two full points higher than that of the
U.S., 7.5% to the US 5.7 %. And the Canadian loonie is now sinking again.
No wonder Martin has been scrambling around Southern and Central Ontario
and Quebec in attempting to halt the Liberal's free fall in popularity after the sponsorgate scandal.
As a business owner and employer I can tell you for a fact. Canadian
businesses (not the ones subsidized in Quebec with our tax dollars)
cannot be competitive with American business as a result of over
taxation.
Simply put, the Americans are able to reinvest a far bigger percentage
of their profits back into growth and tecnology than are their
Canadian counterparts able to do. Consequently, we lose ground
rapidly.
Canada *could* have a thriving economy and in my opinion, a better
standard of living than the US, *IF* Canadian government was more
small business friendly and worked to LOWER all taxes so Canadians had
more disposable income.
Keep in mind Americans are not paying for such wasteful things as
bilingualism.
The difference between Canada and the US. Canada's financial affairs
are run by politicians which have no more business sense than
housewives, whereas American government financial affairs are run by
*HIRED* experts from the private sector with a proven record of
success.
If you think it looks bad now, look back in twenty years, it is going
to get much, much worse in Canada.
(now comes the respones from the inexperienced, untravelled, non
business owning Canadians that don't truly see or know the difference)
And nothing you can post will force them to take off the blinders.
Even just getting the doors open for a new business in most
jurisdictions in Canada is far more difficult than most other
countries.
NlPPC
2004-04-09 12:59:02 UTC
Permalink
Je trouve ça assez drôle, saviez-vous qu'on ne peut même pas comparer les
taux de chômage canadien et état-unien pour cause de méthodologie
différente?...Avant de commenter des chiffres il faut savoir de quoi il en
retourne :)
Post by Erik Trammel
Today's Canadian unemployment stats show a 15,000 rise for March,
whereas in the more right-wing U.S. under Bush's supply -side, the weekly
requests for unemployment assistance were down to a 3 1/2 year low.
This is good news for Bush, but bad news for Canada's Liberals/socialists and Paul Martin,
with federal elections in both nations coming in the near future. "It's the economy stupid".
Canada's unemployment rate is now almost two full points higher than that of the
U.S., 7.5% to the US 5.7 %. And the Canadian loonie is now sinking again.
No wonder Martin has been scrambling around Southern and Central Ontario
and Quebec in attempting to halt the Liberal's free fall in popularity
after the sponsorgate scandal.
Karen Gordon
2004-04-11 01:14:40 UTC
Permalink
Post by Justa Guy
As a business owner and employer I can tell you for a fact. Canadian
businesses (not the ones subsidized in Quebec with our tax dollars)
cannot be competitive with American business as a result of over
taxation.
Simply put, the Americans are able to reinvest a far bigger percentage
of their profits back into growth and tecnology than are their
Canadian counterparts able to do. Consequently, we lose ground
rapidly.
Canada *could* have a thriving economy and in my opinion, a better
standard of living than the US, *IF* Canadian government was more
small business friendly and worked to LOWER all taxes so Canadians had
more disposable income.
(K): You'd better take another look at the CORPORATE tax rate in Canada
as compared to that of the U.S. Ours has been lower than their for several
years now, so that has NOTHING to do with companies in Canada 'not
reinvesting their profits into growth & technology'. It has to do with
those corporations being able to sell their products to Canadians at high
prices, will having the freedom to PRODUCE the goods in overseas and 3rd-
world countries. Nice.

Now, if you're wondering why the average Canadian has seen THEIR taxes
go up and up and up - as well as their pension and unemployment insurance
premiums - it's to MAKE UP FOR the wonderful tax breaks our Liberal and
Conservative governments have been giving to our corporations.
Read it for yourself, if you don't believe me .........

http://www.fin.gc.ca/toce/2002/cantaxadv2_e.html
Summary

Large- and medium-sized businesses: Average corporate tax rate in Canada
falls below the average U.S. tax rate in 2003.

Five percentage points lower average corporate tax rate in Canada than in
the U.S. by 2006.

Small businesses: Significantly lower corporate tax rates in Canada on
income above C$75,000.

Capital gains: Two percentage points lower average top tax rate in Canada
than the typical top capital gains tax rate in the U.S.

A C$500,000 lifetime capital gains exemption for small business shares
that has no equivalent in the U.S.

Research and development: A 20-per-cent research and development (R&D) tax
credit in Canada for all R&D expenditures compared to the U.S. 20-per-cent
credit for incremental R&D.

A 35-per-cent refundable tax credit available to smaller
Canadian-controlled private corporations; no equivalent in the U.S.
________________________________
Post by Justa Guy
Keep in mind Americans are not paying for such wasteful things as
bilingualism.
(K): You just might to take a look at the cost of funding their war
chest, though....... Those idiots are keeping their economy alive by
making wars and the arms that are needed to fight those wars.
Post by Justa Guy
The difference between Canada and the US. Canada's financial affairs
are run by politicians which have no more business sense than
housewives, whereas American government financial affairs are run by
*HIRED* experts from the private sector with a proven record of
success.
(K): Fuck you on the 'housewives' comment. Most of the housewives I
know are the ones who control the budgets and do the accounting for their
families. You want the "American experts" like Enron and Dick Cheney's
Haliburton and Michael Milken and WorldCom and Putnam..... etc to run
CANADA'S business they way they've run their American businesses? Man,
you don't know what the hell you're talking about. The biggest white
collar criminals in the world are located in the United States of America.
And George W Bush is cozy with most of them.
Post by Justa Guy
If you think it looks bad now, look back in twenty years, it is going
to get much, much worse in Canada.
(K): Maybe the righwing governments we've been trusting with our affairs
are looking after their own interests and those of their corporate pals,
rather than OUR affairs?
Post by Justa Guy
(now comes the respones from the inexperienced, untravelled, non
business owning Canadians that don't truly see or know the difference)
(K): Arrogant ass. YOU're the one who's out to lunch. Don't try your
pre-emptive strikes against those who hold the bigger files on corporate
crimes - in the bloody U.S. of A.
--
"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""
An election is coming. Universal peace is declared, and the foxes
have a sincere interest in prolonging the lives of the poultry.
- George Eliot
Davis Redding
2004-04-12 03:39:05 UTC
Permalink
We have more people unemployed cuz they keep shutting down "growing" operations!!!

Molson brewery Barrie, Parkdale, ............
Post by Erik Trammel
Today's Canadian unemployment stats show a 15,000 rise for March,
whereas in the more right-wing U.S. under Bush's supply -side, the weekly
requests for unemployment assistance were down to a 3 1/2 year low.
This is good news for Bush, but bad news for Canada's Liberals/socialists and Paul Martin,
with federal elections in both nations coming in the near future. "It's the economy stupid".
Canada's unemployment rate is now almost two full points higher than that of the
U.S., 7.5% to the US 5.7 %. And the Canadian loonie is now sinking again.
No wonder Martin has been scrambling around Southern and Central Ontario
and Quebec in attempting to halt the Liberal's free fall in popularity after the
sponsorgate scandal.
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