With the U.S bailout bill down the drain, us Canadians are shaking like Maple Leafs as to what might happen in our own economy. I mean, the U.S is our number one trading partner…And good ol’ George W. Bush is saying they might be heading towards a recession?
Word on the street is that if the Liberals (aka Mr. Stephane Dion) wins the election, they would put aside a small $3 billion dollars in the annual budget to give the government “the flexibility and resources to protect Canadians in turbulent economic times.” Yeah, probably not.
I bet politicians are loving the fact that they can use these “turbulent times” as an excuse for a vote. Not to mention, our current Prime Minister, Stephen Harper, doesn’t even think there is anything wrong right now. During the televised french debate Stephen Harper said, “Canada isn’t the United States — the situation is very different and the economic fundamentals are solid’.”
This is something that should matter the most and was a hot topic during the french debate, but some how none of the leaders had anything to say about our economy. There are so many views about whether Canada will follow in the U.S’s footsteps and also be in a recession, or there is the view that there isn’t even anything wrong. Experts are disagreeing with each other and politicians are telling each other that what they are offering won’t be enough. It’s confusing but as a society, we need to know where this is all heading.
A cat-fight between Harper and Dion was quite humorous. I especially liked when Dion said “…In 2 1/2 years, you’ve weakened this economy. Economic growth in the first six months of this year has been the lowest in the G8. We’ve lost 95,000 jobs in the private sector, just in the month of July, nine months in succession, productivity has dropped. Economic risk? You are the danger.” Strikes me as funny, how can you blame the economy downfall on one person?
I am not an expert on politics. But somethings are common sense. I can’t say I know anything at all about politics, but what I do know is that if there’s a hurricane there that my gas prices are going up. And if our economy is doing well and the dollar is to my advantage, then I head to Buffalo and shop.
I do feel like the U.S plays a huge part in the way Canadians live, some say that we are trying to become Americans.
Politics are interesting, but way to controversial for me. Keep in mind that everything I am writing is strictly from what I’ve read, or heard. My opinions are in there, and you can give me your opinion if you’d like to!