Quote from: Brent on May 16, 2024, 02:21:17 PMI used to be adamant supporter of redeistribution. But, when I supported it, the wealth was supposed to be spread around. Now, it goes right back into the hands of the rich prog control freaks who hate the working class.

Quote from: Aylana on May 16, 2024, 02:48:33 PMYou forgot to mention Gary posted another dick pic.

QuoteCanadians are currently experiencing one of the worst and longest declines in their standard of living in decades, according to a new report by the Fraser Institute.

"Despite claims to the contrary, living standards are declining in Canada," study co-author Grady Munro says in the report by the fiscally conservative think tank, "Changes in Per-Person GDP (Income): 1985 to 2023."

The study says that from April 2019 to the end of 2023, inflation-adjusted, per-person GDP in Canada, a broad measure of living standards, fell from $59,905 annually to $58,111 — a 3% loss and the third-steepest decline in almost 40 years.

Only a 5.3% drop in real GDP Canadians experienced from 1989 to 1992 and a 5.2% drop from 2008 to 2009 were more severe.

The study also says the latest decline in living standards which lasted for 18 fiscal quarters from 2019 to 2023 is already the second-longest in almost 40 years, surpassed only by one that lasted 21 fiscal quarters from1989 to 1994, "and if not stabilized in 2024, this decline could be the steepest and longest in four decades."

A chart in the Liberals' 2022 budget projected that Canada was in danger of experiencing the lowest annual growth in real GDP per capita between 2020 and 2060 among 16 comparable countries that are members of the Organization for Economic Co-operation and Development, as well as lower growth than the OECD average and lower than every other member of the G7 — U.S., U.K., Germany, France, Italy and Japan.

"Most Canadian businesses have not invested at the same rate as their U.S. counterparts. Unless this changes, the OECD projects that Canada will have the lowest per-capita GDP growth among its member countries."

The problem, critics say, is that in the Liberals' 2024 budget released last month, its major themes — higher spending, higher deficits, higher debt and higher capital gains taxes — are all sure-fire ways to reduce business confidence in the economy, discouraging private sector investment aimed at increasing productivity and innovation.

Quote from: Aylana on May 16, 2024, 02:47:38 PM7 more people than are posting at the Blue Cashew.

Quote from: Lokmar on May 16, 2024, 02:55:46 PMAre those 7 distinct losers or are some duals of losers? 

Quote from: Aylana on May 16, 2024, 02:47:38 PM7 more people than are posting at the Blue Cashew.

Quote from: Aylana on May 16, 2024, 02:48:33 PMYou forgot to mention Gary posted another dick pic.

QuoteEven as the much-vaunted electric vehicle (EV) transition slams into stiff headwinds, the Trudeau government and Ontario's Ford government will pour another $5 billion in subsidies into Honda, which plans to build an EV battery plant and manufacture EVs in Ontario.

This comes on top of a long list of other such "investments" including $15 billion for Stellantis and LG Energy Solution, $13 billion for Volkswagen (with a real cost to Ottawa of $16.3 billion, per the Parliamentary Budget Officer), a combined $4.24 billion (federal/Quebec split) to Northvolt, a Swedish battery maker, and a combined $644 million (federal/Quebec split) to Ford Motor Company to build a cathode manufacturing plant in Quebec.

Some would-be EV makers or users are postponing their own EV investments. Ford has killed its electric F-150 pickup truck, Hertz is dumping one-third of its fleet of EV rental vehicles and Swedish EV company Polestar dropped 15% of its global workforce while Tesla is cutting 10% of its global staff.

And in the U.S., a much larger potential market for EVs, a recent Gallup poll shows a market turning frosty. The percentage of Americans polled by Gallup who said they're seriously considering buying an EV has been declining from 12% in 2023 to 9% in 2024. Even more troubling for would-be EV sellers is that only 35% of poll respondents in 2024 said they "might consider" buying an EV in the future. That number is down from 43% in 2023.

Overall, according to Gallup, "less than half of adults, 44%, now say they are either seriously considering or might consider buying an EV in the future, down from 55% in 2023, while the proportion not intending to buy one has increased from 41% to 48%." In other words, in a future where government wants sellers to only sell EVs, almost half the U.S. public doesn't want to buy one.

And yet, Canada's governments are hitting the gas pedal on EVs, putting the hard-earned capital of Canadian taxpayers at significant risk. A smart government would have its finger in the wind and would slow down when faced with road bumps. It might even reset its GPS and change the course of its 2035 EV mandate for vehicles few motorists want to buy.

Quote from: James Bond on May 15, 2024, 08:00:28 PMAdmin wants to suck Andy Ngo's cock.
Fat Lily cannot recognize athletic running shoes when she sees them.
Lotusbud misses Oerdin.
Admin and Seamajor are melting down after TheProwler posted pictures of his corvette. Seamajor blames "stubby" and the "blue Korean" for that too.
X called somebody gay and posted a bunch of emojis.

Quote from: Lokmar on May 15, 2024, 10:52:29 AMHow many people are even there now?