General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Global News
comments
Comments by "" (@tomk3732) on "Canada urged to return vaccine shipments as India's COVID-19 crisis deepens" video.
UK build multiple new factories now under operation. Justin rather gave $2000 to his future voting base.
2
@zerotankor No one on Earth did anything similar and their economy did not collapse more then ours. Looks at US - they got a "huge" payout of 1500... one time. Justin paid $2000 to more then 50% of all working people (almost 10m people!) Imagine that our official unemployment numbers never went above 20%... so about that 30%+ who are they? So most of $2000 payments went to people that did not work as per "employment" definition in Canada. Then there is the cool effect of teaching pp not to work - who would work for $15/h when you can stay home and get $2000?
1
@Ashley-lz9jh But that September is in 2025. A touch late.
1
@zerotankor Well, last summer I was a bit surprised that most fast food places offered $18 per hour to flip burgers and STILL could not get staffed. So what would that minimum wage be, at least 18? However, at such high minimum wage so quickly there would be immense pressure for pp that hire min-wage workers to automate these jobs immediately. Thus very quickly we would run into a very large pool of pp that could not simply get any job no matter how hard they tried. This would imply either extreme poverty - welfare or universal income. BUT we are not even close to affording universal income (through it would have saved us ton of $ with the $2000 fiasco).
1
@xnitropunkx That lab still produces stuff - its not like it was sold out and shipped out of Canada. So no harm was done at all. Nothing would have changed for us if it was in government hands as far as vaccine production is concerned. UK build 3 vaccine factories since pandemic start - all under operation now. Canada did zero so far.
1
@fromagefrizzbizz9377 It is just one lab that happens to be old. Certainly worth of investment. What I say no one invested few billion dollars in Canada to build new facilities quickly like they did in UK. The $2000 and the new proposed child care is vote buying. Similar style to Greece now with debt in 3 years at the same level as per current spending estimates provided by PM. Nothing good will come out of this. If pp vote for him again in less then 10 years we either face bankruptcy like Argentina or have high taxes and stagnation like Japan - probably later model. Japan did not get out of the trap for decades now so don't expect Canada to magically get out quickly as we are just getting in.
1
@fromagefrizzbizz9377 Most nations are not worse off then we are by a large margin. US is doing great - their economy is recovering fast b/c of their quick vaccine response. China did not see a drop at all - they seen a modest rise. So you want me to believe over 50% of the workforce had drastic decline of more then $2000? This cannot be, as there not enough people making in the workforce enough to have $2000 drop. The sad truth is massive cheating - there has been explosion of people claiming making $5000 in "cookies" - just enough to claim their $2000. The $1500 in US was seen as huge. For Americans. If you think pp lost their homes you are delusional - not with rapid price increases. If there was some huge collapse in ownership there would be a crash in the market not a boom. We seen that already once in recent history - explain current situation. Also explain massive rise in bank account balances (in US, in Canada we have the $2000 bonus). 40h per week at $15 after taxes/ work expenses is around $2000. Do the math. Most $15 require at site work. Last time I checked public transport was not free. If restaurant staff was so desperate they would take a job at $18 at local MacD. They did not. Explain that one.
1
@fromagefrizzbizz9377 Lets see. Canadian Debt to GDP ratio is around 150% factoring this year. Take France. In 2020 it was 115. Lets say its 130 by end of 2021. France is in G7. France Debt to GDP is better then Canada. So Canadian GDP to Debt ratio is not the best in G7. Looking at US spending on just federal level, from memory, its like 2 trillion, Canada is like 450B CAD. US is roughly 10x bigger then Canada so it would need to spend 4.5 T CAD, but spent only 2.6 T CAD... so certainly less. The cookie people are not paying it back as they played by the rules. Some "cookie" pp were a bit too griddy and got too close to the limit . If you played safe and claimed say 6k in cookies you are fine. No need to pay back. Even if you wanted it back how are you ever planning to get it back - we are talking about pp that do not ever plan to work. Why on earth would you loose a home in rising market? If for unknown reason you could not pay mortgage payments just refinance - with housing going up its easy. In the very worst case you can sell your house and get a hefty $ over what you paid for it even a year earlier. There does not seem to be any "epidemic" of pp loosing - its impossible. If our unemployment and economy were so great we would not be lagging heavily behind US for few years now. Look at our GDP growth numbers and US, before pandemic, during pandemic and now. Normally if unemployment is lower then other country we should be doing better economically - but we are not at all doing better. So what gives? Maybe the unemployment numbers hide some ugly truth? Regarding 2008 recession - if we did so great since then... why are we lagging so far behind? Usually when you do better ... you lead. Again, MacD example shows there was little interest in supposedly jobless restaurant employees to get a job. Even when they went to 18/h. Why? 2000 why. People were paying cash under the table in order NOT to work. People were trying to get as little shift work as possible... maybe that explains low unemployment numbers? Everyone was employed but hardly working. God forbid you went over 1000. Paid manager 200 in cash for a promise not to work. So they hired more people... LOL! I think I rather easily shown that a lot of things you said are plain false or misleading at best.
1