… And make Ottawa pay for it? #TrumpNorth
… And make Ottawa pay for it? #TrumpNorth
Remember when banks were allowed to weaken regulation and move towards self-assessing risk and capital adequacy levels?
Fucking xenos and heretics everywhere.
My political views are whatever this is.
Well, this is poverty. Vote GOP and they’ll help you achieve it!
Housing problem solved?
And if we had spent the tens of billions on healthcare or housing we would have created as many or more jobs and also had something useful to show for it.
freebasing cocaine is surely enjoyable
I mean, they are? They are additional consumers in an economy increasingly being driven by consumer spending, where spending per person is falling. So, adding more people keeps things afloat even though each person is spending less.
The main issue is that high immigration is a bandaid (doesn’t address the issues causing spending to fall in the first place, and new spenders just get sucked into the same crappy economic climate once they get here as everyone else) and it comes with a host of other issues (e.g. increasing scarcity of high-quality, appropriate and affordable housing leading to further reduction in consumer spending).
but have nothing to back it up with
Didn’t read the article eh? How 'bout this:
Higher interest rates alongside decades-high inflation in 2022-23 ate away at household purchasing power.
Weaker demand spurred a rise in the unemployment rate of a size that historically only happens in recessions.
For six of the past seven quarters, real per-person output has fallen alongside rising unemployment.
Per capita GDP has fallen to 3.1 per cent below 2019 levels.
The economists noted the only thing that prevented negative GDP growth in consecutive quarters – the typical definition of a recession – was a wave of new consumers
Consumer spending accounts for more than half of GDP
Seems like a lot to “back it up with,” as it were.
I don’t know if I’m missing it somewhere, but many banks now let folks set up recurring interac e-transfers. Just set a monthly $5 with my bank.
“I will make it legal.” -Future VP becoming President
XFCE or something idk i use Pantheon
I feel like we’ve seen this movie before…