tag:blogger.com,1999:blog-7857209725686366909.post2189976979587516468..comments2024-03-20T04:10:00.751-04:00Comments on They Call Me "Mr. Sinister": Economic Forecaster FailUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7857209725686366909.post-84739777695927139682009-06-12T09:39:51.595-04:002009-06-12T09:39:51.595-04:00Pedro, I do have a job (thank God), but I have fri...Pedro, I do have a job (thank God), but I have friends and relatives who have lost theirs due to the decimation of the manufacturing sector in Ontario. Yes, there is a slim chance I could have made a few cents if I was crazy enough to put money into the ponzi scheme known as the stock market, when Steve bravely called us to rush into a falling market (and a few weeks later declared that Canada would have a budget surplus). During the Great Depression, 75% of the workforce was employed. By your logic, that was pretty good. The 25% who were unemployed just didn't have the right attitude, I guess. They should have been happier.Greghttps://www.blogger.com/profile/06509182679650412982noreply@blogger.comtag:blogger.com,1999:blog-7857209725686366909.post-64209006711982449732009-06-12T09:30:14.431-04:002009-06-12T09:30:14.431-04:00Wow, you are one miserable person.
Alas, it is my...Wow, you are one miserable person.<br /><br />Alas, it is my curse.Greghttps://www.blogger.com/profile/06509182679650412982noreply@blogger.comtag:blogger.com,1999:blog-7857209725686366909.post-8916185217545869862009-06-12T09:13:01.640-04:002009-06-12T09:13:01.640-04:00Do I gather you don't have a job?
Unemployment...Do I gather you don't have a job?<br />Unemployment is at, let's call it 10%(though it's not that high). At the time of Steve's statement it wasn't that high yet. Not quite depression levels - I'll grant you the inevitable not yet.<br />That means 90% of the workforce was and is still working.<br />Laid off auto workers are getting a top up to EI. The ones I know did exactly what Steve suggested...some are smiling today as I wave to them while I go to work.<br />Wow, you are one miserable person.<br />PedroAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7857209725686366909.post-90545426573351938802009-06-11T18:36:25.137-04:002009-06-11T18:36:25.137-04:00"you'd have a tidy capital gain to realiz..."you'd have a tidy capital gain to realize today to pay for a much-needed item".<br /><br />As long as you still have a job. Same as the last depression.Greghttps://www.blogger.com/profile/06509182679650412982noreply@blogger.comtag:blogger.com,1999:blog-7857209725686366909.post-17486117907265193672009-06-11T17:45:50.154-04:002009-06-11T17:45:50.154-04:00all screechy partisanship aside, if you really had...all screechy partisanship aside, if you really had taken $10 or $20 from each pay cheque and bought some equities since Steve (as you call him) suggested it, you'd have a tidy capital gain to realize today to pay for a much-needed item...jus' sayin'<br />PedroAnonymousnoreply@blogger.com