CAN’T TRUST THAT DAY;
MONDAY, MONDAY …SOMETIMES IT JUST TURNS OUT THAT WAY;
EVERY OTHER DAY OF THE WEEK IS FINE, YEAH;
BUT WHENEVER MONDAY COMES … YOU CAN FIND ME CRYING ALL THE TIME.
My thanks to the Mammas and the Poppas.
Well let me be quite honest here – I don’t mistrust all Mondays – rather just this coming Monday – October 19th. It is Election Day here in Canada and sadly, unless we are struck with a nationwide earthquake, – the Grits – aka – the Liberals under YT – aka Young Justin Trudeau, are headed for a minority and, quite possibly, – a full majority.
In a recent Blog, I listed a dozen serious reasons why such should not happen .. for the sake of our country and now present below the damage the the young fella will do:
I am going to focus on the economic fallout and will use our once proud province – the Province of Ontario - as the prime example what to expect.
To do this, I will be referring to this month’s respected Fraser Report which sets out fully and effectively how the McGuinty / Wynne Era, beginning 10 years ago and continuing to this very day, has taken our Provincial Economy off the rails:
The Report begins with a general look at Ontario over the course of the last decade and sadly reflects on the fact that it is no longer the economic engine of Canada. The Report’s prime author – Philip Cross, former chief economist for Stats Canada - notes that the Liberal policies “are to blame for turning the powerhouse economy into a laggard.”
He goes on:
Their policies, he notes, are the cause of “sluggish growth, … rising unemployment, .. high youth unemployment, …weak business investment, …. (and) high electricity prices.”
So that is the Report’s general thrust – here are its specifics -
- IMMIGRANTS ARE NOW GOING ELSEWHERE: Ontario attracted more than half new immigrants to Canada in 2002, but is no longer the preferred destination.
- VOTING WITH THEIR FEET: Ontario used to be the preferred destination for immigrants and migrants from other provinces; since 2004 it has been experiencing a "net loss" to other provinces.
- UNEMPLOYMENT: Ontario's unemployment rate was lower than the national average from 1976 to 2005; from 2007 and five years into the recovery, the provincial unemployment rate was higher than the national average.
- IDLE YOUTH: Five months after the 1982 recession, unemployment among Ontario youth dropped to 8%; five years after 2008 recession, youth unemployment was averaging 16%.
- LESS TAKE HOME PAY: Ontario household income used to surpass national average, usually by 10-20%; Ontario's real per-capita incomes fell below national average for first time ever in 2012.
So this is what we can expect from Young Trudeau and his Government since he has consistently told us how much he admires the ‘Wynner’ and his policies are a mirror image of her own.
So come this Monday don’t be surprised if a ‘little tear lets me down’.
But do not feel sorry for me – I am already looking forward to my ‘I Told You So’ Blog on the first anniversary of YT’s Election.
As I see it…
‘K.D. Galagher’
