Comment 123033

By Ted Mitchell (registered) | Posted June 07, 2018 at 18:49:40 in reply to Comment 123032

The TSX nearly tripled from 1995-2000 until the dotcom crash. In comparison, it has only doubled from 2002-2018. East Asian manufacturing has exploded in the meantime, driving down labour wages and decimating middle class union employed families in North America and elsewhere in the western world. All of which are mostly Kathleen Wynne and Dalton McGuinty's fault.

TSX historical data, check any date range here:https://tradingeconomics.com/canada/stock-market

True, lots of waste with ehealth, gas plant fiasco, ornge, etc but these are worthwhile government programs that could not be replaced by private corps at the noncompetitive trough of public funding. They failed because they suffered from mistakes of incompetence in management and could have all been prevented with better public transparency. No party is advocating for more transparency and participatory democracy, they all mistakenly consider themselves experts. Which is even more damaging than toxic partisanship

Permalink | Context

Events Calendar

Recent Articles

Article Archives

Blog Archives

Site Tools

Feeds