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Monday, January 27, 2014

Ouch, Ouch, Ouch


This is bad, bad, bad!  I hope someone disputes the negatives in the list with proper evidence to their  inaccuracies.

Alex Roberts writing at Ottawa Citizen:
...Eight years after the January, 2006 election that brought the Conservatives to power under Prime Minister Stephen Harper, Alex Roberts looks at the state of the Canadian economy. Not to be confused with the Harper’s Magazine’s monthly index of “ironic statistics arranged for thoughtful effect.”

Estimated amount spent on taxpayer-funded advertisements since 2009 touting the “Economic Action Plan” and the government’s economic record : $113,000,000
National unemployment rate in January, 2006: 6.6
National unemployment rate in December, 2013: 7.2
Increase in the number of unemployed in Canada since January 2006: 236,200
Youth unemployment rate, January 2006: 12.2
Youth unemployment rate, December 2013: 14.0
Rank of Canada’s unemployment rate in 2013 compared to other G7 countries: 3rd
Rank of Canada among the 34 OECD nations in employment creation 2007-2012: 20th
Number of governments since 1935 that have presided over a slower rate of real economic growth per capita than the Harper Conservatives: 0
Number of consecutive annual federal budget deficits: 6
Number of budget deficit targets hit by Finance Minister Jim Flaherty: 0
Number of consecutive annual federal budget surpluses under the previous Liberal (Chrétien/Martin) governments: 9
Amount added to the federal national debt since Conservatives took power in 2006: $123,500,000,000
Number of years it would take to count to 123,500,000,000, counting non-stop at one number per second: 3,913
Portion of the total federal debt accumulated since 2006: 1/5
Budget surplus in percentage terms, relative to the nominal GDP, 2006: +1.6
Budget balance in percentage terms, relative to the nominal GDP, 2013: -3.0
Percentage increase in the inflation-adjusted average hourly manufacturing wage, 2006-2013: 0
Percentage drop in productivity (GDP produced per employed person), 2006 to September 2013: 1.9...........

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