No matter how many ways Canadian jobs stats are sliced and diced, our Conservative Federal Government has no sustainable plan to bring good jobs back to our country.
Thanks to its short-sighted, unsustainable, “business as usual” free market economic plan that includes tax breaks for the wealthiest among us (aka “the job creators”) and reliance upon toxic tar sands to prop up its petro dollar, good jobs will not grow in good numbers. Average income for the common man will continue to erode, fuel prices will rise, and the age of austerity in which we live will earn capital letters.
Expect no public education from the Conservatives about how individuals and families should prepare for an austere future. They will dress up employment stats in fine clothes but never tell us how to best manage the inevitable smaller lifestyle we are marching steadily toward.
No longer can the average person expect simply to work hard and enjoy a future that grows more prosperous year by year as parents and grand-parents did, thanks to an ever-growing economy (out-dated now) that rode on the back of cheap oil and gas. Freedom 55... forget about it. Freedom 75 is now the norm, but only if you save 15 - 20 per cent of your monthly income “as if your house is on fire.” The Canadian Dream is dust.
Predictions -
the trend toward smaller incomes, homes and cars will grow
people will soon see the value of turning empty shipping containers into houses on small lots
[Link to photo]
within 5 years the unemployment rate will be rise partly because more Canadians will be paying down or being swamped by their excessive household debt (it now stands at its highest level in Canadian history)
within 10 years ‘The Age of Austerity’ will be the name of a reality TV show
the 1 per cent will get richer
What else will our government neglect to tell us?
***
Please click here to read more from This Old Economist.
.
No comments:
Post a Comment