Thursday, September 24, 2015

essentially nobody is going to change their vote on this, anyways. it's not the technical definition of a recession that hurts incumbent governments, it's the actual reality of job losses. what the declaration of a recession does is give people hit by job losses (and family members of those hit by job losses) an opportunity to place blame and an outlet to express anger. but, a statistical correction doesn't change anything in what people are experiencing.

given the nexus of recent job losses, you'd expect the biggest effects in alberta. but, given reality, you wouldn't actually expect much of an effect in alberta.

budget deficits are a legitimate article of faith, but whether we're in a technical recession or not is just academic.

www.cbc.ca/news/politics/canada-election-2015-harper-ndp-liberals-statscan-recession-1.3240679