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The "LOLCANADA" thread...again The "LOLCANADA" thread...again

11-22-2020 , 12:10 AM
Just LOL at blaming Trump for Trudeau's economy, what a cop-out! We neighbored the hottest economy in the world for the last 4 years and your going to blame Trump for Canada having a terrible economy?


Any sane person knows the Trump adminstration played the Trudeau adminstration like a fiddle with the Meng Wanzhou arrest.
The "LOLCANADA" thread...again Quote
11-22-2020 , 12:40 AM
You contradict in your post .
Lol to blame trump but than u agree he play trudeau like a fiddle , shrug .
So how does trump helped Canadian economy ?

Trump attacked the aluminum and again was wrong and lost .
NAFTA wasn’t to the benefit of the Canadian either and trump went to far in couple of sector , even if it was detrimental even for the American ( steel industry that didn’t help American much and penalize Canadian anyway )
The "LOLCANADA" thread...again Quote
11-22-2020 , 03:05 PM
Trumps Economy and Trudeau's Economy were both fake economies. Both amassed huge deficits to achieve their numbers.
No question Trump was good for the US economy especially energy with lots of deregulation while Trudeau put in more red tape. He also had an impact on steel and aluminum exports from Canada to the USA. Nafta 2.0 wasn't much of a change

I sometimes wonder if Trump was pissed at Trudeau for those comments he made that got caught on a mic that he punished Justin. No question they did not get along and Biden will be better

As for Shifty's comment on the USA played Trudeau many have said the trump admin knew that all the tariffs that the USA put would hurt American farmers and China would just buy everything from Canada and that is why they had Canada arrest Meng. I can't see Trump being that smart but I can see the admin being that smart. Also many say Canada could have avoided this by warning Meng what was going to happen if she got on that plane through back door channels
The "LOLCANADA" thread...again Quote
11-22-2020 , 03:41 PM
Quote:
Originally Posted by lozen
No question Trump was good for the US economy especially energy with lots of deregulation
Meh. The republicans shoved through a completely unfunded, generational shift in taxation that saw things like corporate tax rates be absolutely slashed. Firstly, this was BY FAR the largest effect opposed to pretty minor and irrelevant "deregulation" despite that being a right-wing talking point. And what did that once-in-a-generation tax cut do, pre pandemic? Not much. Slower growth than obama, by a lot, for instance, not that this really matters.

People vastly overprescribe what presidents and prime ministers do to the economies they influence. Global trade and technology shifts almost always completely dominate little things like how regulated the dieing coal industry is. For instance, Big tech did absolutely amazing - the stock market looks pretty **** when you remove the big four - and "deregulation" didn't really play any meaningful role there. Trump actually did far more - but gutting the ability of the US government to gain taxation from corporation - than most presidents, and still can't be said to accomplish much on the economy.
The "LOLCANADA" thread...again Quote
11-22-2020 , 05:02 PM
That is simply not true, government fiscal policy has a massive effect on the economy; of course since fiscal policy remains unchanged regardless of which establishment political party is in control (in both the USA and Canada), this can be difficult to discern.
The "LOLCANADA" thread...again Quote
11-22-2020 , 05:30 PM
Quote:
Originally Posted by PokerPlayingGamble
That is simply not true, government fiscal policy has a massive effect on the economy; of course since fiscal policy remains unchanged regardless of which establishment political party is in control (in both the USA and Canada), this can be difficult to discern.
If this was true , why did trump barely did better than Obama ( pre covid of course) with 1 trillions more deficit create by fiscal gifts ( tax cuts) for the corporations ?

The government can affect to a small extent the economy but government don’t control the economy .

there is a diminishing return effect in fiscal policies at some point and can become even pointless when pushed to the extreme
(Like deficit or near 0 % interest rates ) .

Where were you in the last 10 years 0o ?
The "LOLCANADA" thread...again Quote
11-22-2020 , 07:08 PM
Quote:
Originally Posted by Montrealcorp
If this was true , why did trump barely did better than Obama ( pre covid of course) with 1 trillions more deficit create by fiscal gifts ( tax cuts) for the corporations
Because trickle-down economics never, ever, ever, EVER works (based on empirical evidence).

Governments have many levers to pull when it comes to the economy: some may have hard to measure results, but you can’t say that an economy is separated from the decisions that a Prime Minister makes.
The "LOLCANADA" thread...again Quote
11-22-2020 , 07:31 PM
Quote:
Because trickle-down economics never, ever, ever, EVER works (based on empirical evidence).
I can not think of any government were it has worked. Though in the USA extreme democrats of all folks have said If you eliminate student loan debt these folks will spend more which is a form of trickle down economics
The "LOLCANADA" thread...again Quote
11-22-2020 , 07:32 PM
Quote:
Originally Posted by uke_master
As a bit of a follow up, I was listening on the radio to an argument that was basically saying the trump adminstration has been absolutely TERRIBLE at supporting Canada while we are under the thumb of China right now, and been really problematic on the Meng Wanzhou extradition specifically. So there is a real hope that a Biden administration would be substantially more helpful to canada and thus the liberals are being very smart to drag out the 5G decision until the next administration is in power.

I still don't really feel I know enough to evaluate this myself, it is so complex, but I think knee jerk "they are scared" is way too simplistic.
Interesting article on how Australia handles China compared to a Liberal Canada as O'Tolle has said he would be tougher

https://www.theglobeandmail.com/opin...n-and-promise/

I was able to read it once but may only be for subscribers. Sorry if thats the case
The "LOLCANADA" thread...again Quote
11-22-2020 , 08:56 PM
Quote:
Originally Posted by lozen
I can not think of any government were it has worked. Though in the USA extreme democrats of all folks have said If you eliminate student loan debt these folks will spend more which is a form of trickle down economics
Actually eliminate the students debts is kinda of trickle UP economy and that works .
A strong economy is based on how strong the bottom and middle class because of its number of course but a strong economy is based on its production capabilities as well .

A dollar tend to goes up not top to bottom .
It’s the concentrated effect of capitalism imo .
The "LOLCANADA" thread...again Quote
11-22-2020 , 08:58 PM
Quote:
Originally Posted by BrookTrout
Because trickle-down economics never, ever, ever, EVER works (based on empirical evidence).

Governments have many levers to pull when it comes to the economy: some may have hard to measure results, but you can’t say that an economy is separated from the decisions that a Prime Minister makes.
True to the first part.
Like I said for the second part , they do have an effect but at some point , it suffer from diminishing return when government are too much involved in gdp growth .
The "LOLCANADA" thread...again Quote
11-23-2020 , 12:07 PM
So yesterday Alberta hit #1 in cases. Ontario has 10 million more folks but we lack the leadership at the municipal or provincial level to tackle this covid thing .

Sadly I am at the point as bad as it gets we need more of a federal mandate on this.

All I hear is from the municipal we need more provincial leadership and from the provinces we need more federal help. Alberta still does not have a mask mandate and our municipal one they are not enforcing and its a $100 fine

Sadly I think were on the path to 10,000+ cases a day in December across Canada.

Stay Safe Folks and wear a mask and limit contact
The "LOLCANADA" thread...again Quote
11-23-2020 , 12:25 PM
Quote:
Originally Posted by lozen
I can not think of any government were it has worked. Though in the USA extreme democrats of all folks have said If you eliminate student loan debt these folks will spend more which is a form of trickle down economics
That's the exact opposite of trickle down economics. Trickle down economics is where you increase the wealth of the very richest (example big tax cuts for the rich), and then magically hope that wealth will spread out to the rest of us via libertarian fantasies. Student loan debt is something facing vast numbers of poor and middle class people, so eliminating it has a clear and immediate economic boosts as the spending power of millions goes up. It's a debatable policy, but definitely not trickle down economics.
The "LOLCANADA" thread...again Quote
11-23-2020 , 12:29 PM
Quote:
Originally Posted by lozen
So yesterday Alberta hit #1 in cases. Ontario has 10 million more folks but we lack the leadership at the municipal or provincial level to tackle this covid thing .

Sadly I am at the point as bad as it gets we need more of a federal mandate on this.

All I hear is from the municipal we need more provincial leadership and from the provinces we need more federal help. Alberta still does not have a mask mandate and our municipal one they are not enforcing and its a $100 fine

Sadly I think were on the path to 10,000+ cases a day in December across Canada.

Stay Safe Folks and wear a mask and limit contact
Ya it's sad. BC also pretty bad...well everyone is pretty bad these days. If there is one thing I have learned about politics over the years, is that the very best way to make sure albertans are non-compliant with public health orders would be for Justin Trudeau to be the one to make them and not Kenney. Can you imagine the OUTRAGE if justin trudeau stepped over the iron clad jurisdictional rules that provinces - not the fed - are the ones that deal with healthcare and tried to impose his own rules that superceded the rules alberta had?

Look to the south where masks, social distancing etc all became heavily politicized where your opinion on these is a pretty good proxy for whether you are republican or democrat, to disasterous results. I think Trudeau is extremely wise not to overstep here which I think would very much risk the same type of reaction from much of western canada.

What he needs to focus on is procurement and distribution. They have pre-bought 5 major vaccine candidates, 3 of which are now at the 90% effective rate. It is an absolute global arms race for early disribution of these and trudeau has spent heavily here. It's going to be a huge challenge, but looks like a lot of good work thus far.
The "LOLCANADA" thread...again Quote
11-23-2020 , 02:49 PM
It's pretty obvious no politician knows what to really do. And declaring which ones were winners and losers back in the spring was stupid. I honestly don't know what the answer is, but I think another lockdown is the wrong decision and also believe there will be major backlash if that happens again.

I am also really tired of the term essential and feel for the small business that are about to get crushed with another lockdown.

The "LOLCANADA" thread...again Quote
11-23-2020 , 03:21 PM
Quote:
Originally Posted by uke_master
Ya it's sad. BC also pretty bad...well everyone is pretty bad these days. If there is one thing I have learned about politics over the years, is that the very best way to make sure albertans are non-compliant with public health orders would be for Justin Trudeau to be the one to make them and not Kenney. Can you imagine the OUTRAGE if justin trudeau stepped over the iron clad jurisdictional rules that provinces - not the fed - are the ones that deal with healthcare and tried to impose his own rules that superceded the rules alberta had?

Look to the south where masks, social distancing etc all became heavily politicized where your opinion on these is a pretty good proxy for whether you are republican or democrat, to disasterous results. I think Trudeau is extremely wise not to overstep here which I think would very much risk the same type of reaction from much of western canada.

What he needs to focus on is procurement and distribution. They have pre-bought 5 major vaccine candidates, 3 of which are now at the 90% effective rate. It is an absolute global arms race for early disribution of these and trudeau has spent heavily here. It's going to be a huge challenge, but looks like a lot of good work thus far.

I disagree as Trudeau would be imposing this on the whole country or jurisdictions over 5000 people. I would applaud him for it. Jason Kenney has a horrible approval rating now. He has pretty much pissed off everyone including Rural folks.

Though I do agree procurement on testing and the vaccine are the most important. He failed at testing will see how he does on the vaccine.
Hopefully soon we will have the vaccine and maybe a store bought at home test the latter may be a ways out


Nunavutt is a prime example of how quickly it spreads
The "LOLCANADA" thread...again Quote
11-23-2020 , 04:18 PM
You really think that if Trudeau said "new rule, everyone has to do X" the response from most Albertans who seem to, like you, abhor Justin Trudeau, is just going to happily accept this? Especially in things that are the jurisdiction of provinces? I don't believe it. I think it would be just like the US where the conservative parts of the country will reject Trudeau overstepping his bounds and imposing on their provinces, while the liberal parts don't need it.
The "LOLCANADA" thread...again Quote
11-23-2020 , 04:30 PM
Quote:
Originally Posted by uke_master
You really think that if Trudeau said "new rule, everyone has to do X" the response from most Albertans who seem to, like you, abhor Justin Trudeau, is just going to happily accept this? Especially in things that are the jurisdiction of provinces? I don't believe it. I think it would be just like the US where the conservative parts of the country will reject Trudeau overstepping his bounds and imposing on their provinces, while the liberal parts don't need it.
Oh so now he cares what Albertan's think? Wasn't the carbon tax for the greater good? So would a federal mandate

I do think you may be right but I was giving you my opinion on how I would feel. Im sure Quebecers would be more pissed off than Albertan's .
The "LOLCANADA" thread...again Quote
11-23-2020 , 06:16 PM
Quote:
Originally Posted by lozen
I sometimes wonder if Trump was pissed at Trudeau for those comments he made that got caught on a mic that he punished Justin. No question they did not get along and Biden will be better

As for Shifty's comment on the USA played Trudeau many have said the trump admin knew that all the tariffs that the USA put would hurt American farmers and China would just buy everything from Canada and that is why they had Canada arrest Meng. I can't see Trump being that smart but I can see the admin being that smart. Also many say Canada could have avoided this by warning Meng what was going to happen if she got on that plane through back door channels

On one hand Trump is terrible for Canada's economy and all things bad that happened to Canada are his fault, and on the other hand Trump isn't smart enough for anything. You are dilusional.
The "LOLCANADA" thread...again Quote
11-24-2020 , 11:30 AM
Quote:
Originally Posted by Shifty86
On one hand Trump is terrible for Canada's economy and all things bad that happened to Canada are his fault, and on the other hand Trump isn't smart enough for anything. You are dilusional.

You think Trump was good for our economy? Were you not the one that suggested the USA played US. You do realize Trump spent most of his presidency watching Fox & Friends and playing golf.
But Ill say it here if he runs in 2024 Id bet on him winning

Love in Toronto the Bay can stay open as they sell Groceries yeah OK
The "LOLCANADA" thread...again Quote
11-24-2020 , 11:34 AM
Quick Dicks take on Trudeau's reset


The "LOLCANADA" thread...again Quote
11-24-2020 , 12:30 PM
Quote:
Originally Posted by lozen
You think Trump was good for our economy? Were you not the one that suggested the USA played US. You do realize Trump spent most of his presidency watching Fox & Friends and playing golf.
But Ill say it here if he runs in 2024 Id bet on him winning

Love in Toronto the Bay can stay open as they sell Groceries yeah OK
Ive said multiple times Trump was not good for the Canadian economy particularly the oil and gas industry. I did suggest they played the Trudeau adminstration by arresting Meng because they did. But you say he was smart enough to hurt Canada because of some dislike for Trudeau fantasy. Then say he's an idiot who just golfs and watches fox.

Why would Trump run in 2024, 2 term limit in the states
The "LOLCANADA" thread...again Quote
11-24-2020 , 12:51 PM
Quote:
Originally Posted by Shifty86
Ive said multiple times Trump was not good for the Canadian economy particularly the oil and gas industry. I did suggest they played the Trudeau adminstration by arresting Meng because they did. But you say he was smart enough to hurt Canada because of some dislike for Trudeau fantasy. Then say he's an idiot who just golfs and watches fox.

Why would Trump run in 2024, 2 term limit in the states
He has only served one term
The "LOLCANADA" thread...again Quote
11-24-2020 , 02:30 PM
Quote:
Originally Posted by Shifty86
It's pretty obvious no politician knows what to really do. And declaring which ones were winners and losers back in the spring was stupid. I honestly don't know what the answer is, but I think another lockdown is the wrong decision and also believe there will be major backlash if that happens again.

I am also really tired of the term essential and feel for the small business that are about to get crushed with another lockdown.

This is false of course. Everyone knows what to do to contain the virus, it's just only the politicians with the guts to do the proper measures succeed.

Taiwan has not had a positive covid case in over 200 days. Total deaths for that nation of 24 million - seven. Not 7000, SEVEN. What's more, they never even locked down their economy.

South Korea is double that size, they've had ~500 total deaths. Again with minimal lockdown.

Japan larger again, they've had ~1900 total deaths. Again with minimal lockdown.

Most importantly, it wasn't like these nations were keeping their strategies a secret. All anyone had to do was give them a call, find out what they were doing, and then copy it. But none did.


Where the failure to contain the virus is worst, USA of course, with ~250,000 deaths. The shining example to the world of how not to accomplish anything.

Canada not going much better but still, nothing compares to the epic dumpster fire that is the US under Trump.
The "LOLCANADA" thread...again Quote
11-24-2020 , 02:33 PM
Quote:
Originally Posted by dinopoker
This is false of course. Everyone knows what to do to contain the virus, it's just only the politicians with the guts to do the proper measures succeed.

Taiwan has not had a positive covid case in over 200 days. Total deaths for that nation of 24 million - seven. Not 7000, SEVEN. What's more, they never even locked down their economy.

South Korea is double that size, they've had ~500 total deaths. Again with minimal lockdown.

Japan larger again, they've had ~1900 total deaths. Again with minimal lockdown.

Most importantly, it wasn't like these nations were keeping their strategies a secret. All anyone had to do was give them a call, find out what they were doing, and then copy it. But none did.


Where the failure to contain the virus is worst, USA of course, with ~250,000 deaths. The shining example to the world of how not to accomplish anything.

Canada not going much better but still, nothing compares to the epic dumpster fire that is the US under Trump.

Canada just looks good because we live next to a dumpster fire. No question no leader has had the balls at the Federal, Provincial or Municipal level.
The "LOLCANADA" thread...again Quote

      
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