If Canadians feel like the economy improved by next election, Trudeau wins again.Â
Policies are irrelevant, people vote based on feelings.
Jake_Swift on
We were also hopeful in the period leading up to Jan 2022, due to the tightening of the labour market and the real-wage gains it was about to afford us. I remember literally celebrating alongside those who also monitor the economic situation closely.
For over 50 years, our GDP skyrocketed while our politicians enacted policies that ensured we received an ever smaller piece of that quickly growing pie. We were about to reap one small, reasonable gain within the rigged system that has disenfranchised us, slowly, over *generations*.
Until, in Jan 2022, Prime Minister Trudeau made extreme revisions to our immigration programs and foreign student working regulations that not only undermined our labour gains, but actually deflated them. And, now our students can’t get summer jobs and even our lower-paid fulltime workers are perpetually on the brink of homelessness. Words can’t express my disappointment, considering I naively voted for the Liberals more than once.
BTW, just last week the federal government announced changes to the CMHC, under the guise of an ‘affordability initiative’ for first-time home buyers, that will actually further inflate home prices, substantially, while locking buyers into even more poverty through debt servicing. It is clearly an anti-consumer initiative, more neoliberal BS to prop up housing values at the expense of our youth and working Canadians who struggle to enter the market.
Curious? Just google the revisions and listen to what economists have to say. Don’t take my word for it, and don’t take the federal liberals at face value. They’re two-faced, and their true face bobs up and down in the lap of their banking and industry masters.
So…forgive me if I’m cynical and restrained in my hopefulness while waiting for the other shoe to drop.
ExpansionPack on
I’m feeling this way too. I’ve been holding off on buying a new car for a while, but if rates keep dropping the way they have been I might finally switch to an EV next year.
3 Comments
If Canadians feel like the economy improved by next election, Trudeau wins again.Â
Policies are irrelevant, people vote based on feelings.
We were also hopeful in the period leading up to Jan 2022, due to the tightening of the labour market and the real-wage gains it was about to afford us. I remember literally celebrating alongside those who also monitor the economic situation closely.
For over 50 years, our GDP skyrocketed while our politicians enacted policies that ensured we received an ever smaller piece of that quickly growing pie. We were about to reap one small, reasonable gain within the rigged system that has disenfranchised us, slowly, over *generations*.
Until, in Jan 2022, Prime Minister Trudeau made extreme revisions to our immigration programs and foreign student working regulations that not only undermined our labour gains, but actually deflated them. And, now our students can’t get summer jobs and even our lower-paid fulltime workers are perpetually on the brink of homelessness. Words can’t express my disappointment, considering I naively voted for the Liberals more than once.
BTW, just last week the federal government announced changes to the CMHC, under the guise of an ‘affordability initiative’ for first-time home buyers, that will actually further inflate home prices, substantially, while locking buyers into even more poverty through debt servicing. It is clearly an anti-consumer initiative, more neoliberal BS to prop up housing values at the expense of our youth and working Canadians who struggle to enter the market.
Curious? Just google the revisions and listen to what economists have to say. Don’t take my word for it, and don’t take the federal liberals at face value. They’re two-faced, and their true face bobs up and down in the lap of their banking and industry masters.
So…forgive me if I’m cynical and restrained in my hopefulness while waiting for the other shoe to drop.
I’m feeling this way too. I’ve been holding off on buying a new car for a while, but if rates keep dropping the way they have been I might finally switch to an EV next year.