Today as Canadian Parliament got back to business, Canadian markets were soaring. Last month Canada added more jobs than expected, and the TSX has been rallying in September, today flirting with a 2010 high. Ironically, Liberal leader Mike Ignatieff has been hitting the interview circuit trying to convince Canadians that the economy is in worse shape than it actually is. I understand why he's trying to play this tune, because a great many Canadians rank the economy, jobs, and the deficit as their highest priority. Since Canadians also substantially trust Stephen Harper economic stewardship more than Iggy Pop, it is important for the Liberals to try to convince the public that we are in worse shape than we actually are.
Fortunately, the truth shall set you free and all the economic indicators indicate that Canada has weathered this recession as well or better than any industrialized nation on Planet Earth. Thank you Stephen Harper and Jim Flaherty.
Another thing the Libs should worry about, is that the stock market is considered a leading indicator (by about six months) of future economic growth. Iggy has got a pretty lame narrative, that "things could be better".
ReplyDeleteAnd then he trots out the example of high household debt. Yah, OK Iggy, so what would a Liberal gov't DO to bring that debt down ?
The guy is, relative to Harper, an economic and financial illiterate. It's only a matter of time before a tough, knowledgeable interviewer exposes this weakness. There are many such reporters on BNN, but Iggy won't go anywhere near Bay Street.
When Canadians 'say' economy they are 'thinking' jobs.
ReplyDeleteKill the fighter jet contract,
Iffy kills the jobs govt created.
Kill the corp tax cuts,
Iffy kills the jobs business would create.
Iffy might try reading 'our' Constitution to Mrs Z at night.
Most else of what Iffy deems 'important to Canadians' is in Provincial jurisdiction (where Dipper votes are bought).
And that includes changing the law re: the Long Gun Registry,
requiring Provincial approval,
which is already a non-starter as 3 Attorney's General have said 'no way'.
Sell friends or prepare for a loooong hold: October is always bad news; the USA is in deep dodo!
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