Friday 8 December 2017



CBCBritish Columbia Calgary Edmonton Saskatchewan Manitoba Thunder Bay Sudbury Windsor Kitchener-Waterloo Hamilton Toronto Ottawa Montreal New Brunswick  Prince Edward Island Nova Scotia  Newfoundland & Labrador

North CTV Atlantic  CTV Montreal  CTV Ottawa  CTV Toronto CTV Northern Ontario CTV Kitchener CTV Winnipeg CTV Regina CTVSaskatoon CTV Calgary CTV Edmonton CTV British Columbia

>>>>>>>>>>>>>>>NATIONAL NEWSWATCH<<<<<<<<

Thalidomide survivors say they were belittled by Disability Minister Kent Hehr

Canada blames U.S. and China for putting Trudeau in front of fake Canadian flags        Key Trudeau Minister Stays in Beijing for Talks After Xi DinnerFeds reject controversial French-Italian warship proposal        Canada scraps plan to buy 18 new Boeing fighter jets: Report

Eliminating sexism from Indian Act will cost $407-million a year, watchdog says        Ottawa MPs inundated with pleas from Phoenix victimsOntario gas plant ‘gamed’ the system out of $100M, report finds        Bill Morneau May Be Rich­That Doesn’t Make Him CorruptTrudeau can’t land a trade deal­because he’s no free trader        Trudeau tries to thread the China needleTrudeau breaks the three rules of doing business in China, leaves Beijing empty-handed        Equality delayed is equality denied for Indigenous womenNever Again Just Happened

China not able to join Canada-U.K. coal phase out alliance: McKenna        Justice officials will decide if feds needed on Progressive Conservative nomination probe: Ontario’s attorney generalB.C. sets minimum age of 19 to consume marijuana, plans mix of retail sales        Trudeau presses human rights, cases of jailed Canadians, with ChinaWar Museum teams up with soldier’s great-granddaughter to buy Victoria Cross        Liberals 40, Conservatives 31, NDP 17, Green 7: NanosHere’s the gender gap that matters        After #MeToo, it’s time for men to get uncomfortable at workTransphobia, Islamophobia and the free speech alibi        Giving voice to religion might create a better Canada
Canada can use its words to ease tensions as Quebec drops the ‘hi’        The APEC summit and Canada’s reputation in AsiaWynne’s Liberals trailing PCs, NDP ­ poll        Liberals aim for B.C. breakthrough in Monday’s byelection voteShipbuilder appeals directly to Sajjan in warship design contest then doesn’t deliver formal bid        Trudeau says trade with China an answer to rising populismFederal government unveils ads warning of drug-impaired driving dangers        David Frum warns Canada not immune from ‘authoritarian populism’ that led to Trump presidencyRevenue Minister steps back from claim Ottawa is close to recovering $25-million in unpaid taxes        Alberta tightens campaign-financing rules, targets third-party operations
NDP bill adopting UN Indigenous declaration begins debate with Liberal support        Softwood exports to U.S. down but it’s not causing big financial pinchFive ‘extreme’ NAFTA proposals by U.S. that Canada will not accept, according to our lead negotiator        Justin Trudeau’s great expectations clash with reality in China
>>>>>>>>>>>>>>>LOONIE POLITICS<<<<<<<<<<<<<< a trade deal with China, but not at the risk of Canadian interests and values - Andrew Coyne, National Post
        Campbell says 14 applied for top court job - Tonda MacCharles, Toronto Star
Morneau scandal shows middle class was never Liberals’ top concern - Tom Parkin, Toronto Sun
        Trudeau’s trade deal with China turns into an embarrassment - Mark Bonokoski, Calgary Sun
BC Greens accuse NDP of lacking courage needed to kill Site C dam - Rob Shaw, Vancouver Sun
        Aphria set to be Shoppers Drug Mart’s cannabis supplier with new agreement- The Canadian Press, CBC News
Quebec government outlines $36.4 M plan to help newspapers- CTV News
        Kinder Morgan, Burnaby clash over Trans Mountain project- Claudia Cattaneo, Financial Post
LCBO to launch ‘click and collect’ service- Lisa Wright, Toronto Star
        Aeromexico may take on part of Delta’s C Series order amid U.S. trade spat: sources- Allison Lampert And Christine Murray,


Le Canada n'achètera pas de Super Hornet à BoeingPlus        Une pétition dénonce un tableau «suggestif» du Met à New YorkPlusSurvivants de la thalidomide : le ministre Hehr s'excuse pour des propos blessantsPlus        Les parents d'une djihadiste partie en Syrie arrêtésPlusLes tigres de Sumatra poussés vers l'extinction par la déforestation Plus        Les patrons américains acclament la copie économique de TrumpPlusUn pêcheur italien arrêté pour avoir jeté un employé par-dessus bordPlus        La Russie déclare neuf médias américains « agents de l'étranger »Plus19 photos saisissantes du feu de forêt en Californie Plus        Trump informe Abbas qu'il veut «transférer l'ambassade à Jérusalem»Plus
Quatre présumés pédophiles arrêtés en Ontario: l'une des victimes serait une adolescente québécoisePlus        John Conyers, accusé de harcèlement, annonce sa retraitePlusLes rebelles Houthis contrôlent SanaaPlus        Saisie de 6 tonnes de cocaïne en EspagnePlusLa Russie bannie des Jeux olympiques de 2018Plus        Le mariage gai légalisé dans plus d'une vingtaine de paysPlusPas de progrès sur le libre échange Chine-CanadaPlus        L'UE a adopté une « liste noire » de 17 paradis fiscaux PlusLe Québec invité à imiter l'Ontario pour l'investissement dans les infrastructures cyclablesPlus        La tatoueuse qui répare les seins des femmesPlus


Stay up to date on Russia - read RussiaFeed<<<<<<<<<<<<<<<<

>>>>>>>>>>>>>>>LOONIE WORLD<<<<<<<<<<<<<<<<
In Trump-Russia Probe, Was It All About the Logan Act? - Byron York, Washington Examiner
        This Tax Bill Shows Republican Debt Concerns Were Pure Fraud - Ezra Klein, Vox
The Political Case for Tax Cuts - Josh Kraushaar, National Journal
        Republicans Meet to Merge Tax Plans as Corporations Fret - Alan Rappeport, New York Times
Prosecutors say longtime Manafort colleague has ‘ties’ to Russian intelligence - Rosalind S. Helderman, Washington Post
        The Dem Media Doesn’t Deserve Our Respect or Our Trust - Kurt Schlichter, Townhall
As election nears, GOP braces for Moore victory - Jonathan Easley, The Hill
        Fusion GPS, Media in Possible Pay-to-Publish Scheme - Lee Smith, The Federalist
Supreme Court allows full enforcement of Trump travel ban - Pete Williams, NBC News
        Yemen’s Huthi rebels claim ex-president Saleh killed- AFP, The Times Of India

Gulf ministers hold key talks before GCC summit- Al Jazeera
        Ocean plastic a ‘planetary crisis’ – UN- Roger Harrabin, BBC News
Britain and EU fail to strike divorce deal- France 24
        Honduras election board refrains from declaring winner as violence continues- Sarah Kinosian, The Guardian

>>>>>>>>>>>>>THE LEBANON DAILY STAR<<<<<<<<

Trump to make speech on Jerusalem decision Wednesday        UN Security Council calls on all sides in Yemen to 'de-escalate'US orders govt staff to avoid Jerusalem Old City, West Bank        Jordan to convene Arab League, OIC meetings over Trump's Jerusalem moves: foreign ministerWe are on the brink of real war in the Korean peninsula: RIA        US military to stay in Syria 'as long as we need to': PentagonSupporters free ex-Georgian leader Saakashvili from Ukrainian police        Hamas calls for 'day of rage' over Jerusalem crisisIran asks Muslims to disrupt Israeli ties in region        In Brussels, Tillerson offers EU strong U.S. support
Weakened May scrambles to shore up Irish Brexit deal        Arab, Muslim opposition rising to US nod on JerusalemIATA seeks strong law enforcement to deter irresponsible use of drones        Syria says it shot down 3 Israeli missiles near DamascusFirst baby from uterus transplant in the U.S. born in Dallas
        Previous                           Next  

>>>>>>>>>>>>>>> Sign Of The Times <<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>GLEANED POSTS<<<<<<<<<<<<<<<

TPP Countries Near Agreement Without US Participation – Analysis

From: Larry Kazdan
Subject: Re:  This slowdown in Canada’s economy suits the Bank of Canada just fine, Kevin Carmichael, December 1, 2017
Today's unemployment rate of 5.9% is nowhere near "the lowest levels on record" nor "as good as it ever gets".  Unemployment after WWII until the mid-1950s averaged less than 3%, and had dropped to 1.4% during WWII itself. However, business and financial elites are happy to erase history, and to normalize higher rates because for them a slightly recessed economy delivers numerous benefits. 

Higher unemployment means less pressure on wages that reduce the profit share.  It also means less inflation that erodes accumulated wealth.  And if the workforce is induced to borrow to maintain lifestyles, not only is another stream of financial income created, but the debt burden keeps workers obedient through fear of losing their jobs.

Through its fiscal and monetary settings, the federal government always chooses the level of unemployment.  Unfortunately the current choices benefit those at the top and sacrifice those at the bottom. 
1. A note on Canadian unemployment since 1921
"From 1927 to 1929, and again during and after the Second World War, unemployment rates dropped to 3% or less......"
2. The Deficit: Hysteria and the Current Crisis
"Further, in order to reduce the rate of unemployment and eventually the deficit in the longer term it is necessary to greatly increase the gap between government expenditure and revenues.

This is clearly what happened during World War II when the deficit rose from less than 1 percent of the GNE in 1939 to 21.7 percent of the GNE in 1944.  The unemployment rate fell from 11.4 percent to 1.4 percent during the same period."
3. You know who likes lackluster economic growth? The rich.  Jeff Spross
"Elites obviously don't want to completely tank the economy. But it certainly works for them if it stays modestly stagnant, maximizing the growth of the pie while minimizing worker bargaining power."

No comments:

Post a Comment