Could Ontario NDP Pull A Layton?
This is interesting: The Forum Research survey found Hudak’s Tories at 38 per cent — down from 41 per cent in June — to McGuinty’s Liberals at 28 per cent,…
Recession
Is Social Assistance a “Poverty Pariah?”
An article in the current edition of NOW Magazine looks at social assistance in Ontario. The article is aptly entitled “Poverty Pariah,” in light of how apparently unpopular Ontario’s welfare…
Greece at a Crossroads
Now that the Greek government has survived a confidence vote in Parliament, the stage is set in Greece for further confrontations ahead of next week’s decision on the new “austerity”…
Incomes in Canda – Booming and Busted
Today’s release of the annual Income in Canada report is Statistics Canada’s first word on the impact of the Great Recession on Canadians’ incomes. The report in The Daily was…
Incomes and the Recession
Today’s Statscan release “Incomes of Canadians” provides data for 2009 and a partial reading on the impacts of the recession. (I say partial because the 2008 annual average data were…
Today’s U.S. Economic News: This Parrot Is Dead
The jobs report is out and like all of the other economic indicators, it shows that the US economy is going nowhere fast. The whole of this year has been…
The Tories’ Bankrupt Brains
"I see, said the blind man to the deaf dog, who wasn't listening anyway" is a phrase that comes to mind reading reports of federal Finance Minister Jim Flaherty's press…
The Return Of Stagflation?
Those of us around in the 1970s will remember the term stagflation - a combination of economic stagnation and inflation that created a conundrum for bourgeois economists: do you move…
Montreal Massacre: “Remember, then organize.”
by matttbastard Record snowfall may have forced the cancellation of local commemorative events, but the memories of December 6th, 1989 remain fresh, regardless of where we wrestle with them. Though…
The Tea Party Strikes Back
How dare President Obama attempt to the Bush-era tax cuts for the rich expire, adding a whopping 4.6% to an already “overtaxed” population! But America shouldn’t worry, ’cause the Tea…
Seoul G20: Perplexing Conclusion, Clear Result
The conclusion of the most recent G20 summit in Seoul last Friday, hailed as a success for political reasons by attending politicians, was punctuated with the following agreed upon statement:…
Time Heals All Wounds
Today, Bank of Canada Governor Mark Carney spoke in Windsor on the state of Canada's economy and made his predictions for the future. The outlook seems that the economy will…
"Operation Iraqi Freedom Has Ended"
As one of the most controversial wars to ever take place, the War in Iraq is drawing to its anticipated conclusion. Keeping up with his campaign promise, President Obama addressed…
‘Tent cities’ of homeless on the rise across the US
Homeless encampments dubbed “tent cities” are springing up across the US, partly in response to soaring numbers of home repossessions, the credit crunch and rising unemployment, according to a report.…
‘Tent cities’ of homeless on the rise across the US
Homeless encampments dubbed "tent cities" are springing up across the US, partly in response to soaring numbers of home repossessions, the credit crunch and rising unemployment, according to a report.…
‘Tent cities’ of homeless on the rise across the US
Homeless encampments dubbed “tent cities” are springing up across the US, partly in response to soaring numbers of home repossessions, the credit crunch and rising unemployment, according to a report.…
‘Tent cities’ of homeless on the rise across the US
Homeless encampments dubbed "tent cities" are springing up across the US, partly in response to soaring numbers of home repossessions, the credit crunch and rising unemployment, according to a report.…