, 10 tweets, 6 min read Read on Twitter
I know we're onto indigenous issues in #firstdebate, and I know Canadians are more concerned these days with climate change than economic prospects, but....
1. None of these three leaders addressed how they would deal with the reality of slowing growth in the #cdnecon. /2
2. How would more public supports (paid for with higher taxes) or balanced budgets (paid by lower levels of support) expand economic potential/activity given dimming prospects for export-led growth, as has been the case for the #cdnecon for the past 30 years? #firstdebate /3
We're entering a whole new world. Never before have we had such a large cohort of Canadians enter retirement years. This opens a unique, historic, unprecedented opportunity to make inclusive growth in the #cdnecon a reality. #firstdebate
/4
Canada could make the rhetoric of inclusive growth a reality in the #cdnecon, by boosting the skills, employment rates, and incomes of systemically disadvantaged Canadians. How would these leaders address that potential? #firstdebate /5
But that won't be enough to address the emerging and soon to be endemic labour shortages in every region, in every sector of the #cdnecon. How would these leaders balance the potential to optimize the contribution of Canadians *plus* bring newcomers to Canada? #firstdebate /6
And how would these leaders balance the mix between temporary and permanent newcomers, temporary foreign/migrant workers and economic immigrants to meet our #cdnecon needs? #firstdebate /7
Canada is the 10th largest economy in the world, with the lowest debt-to-GDP ratio among the world's richest nations (G7) and it's still falling...because of growth. Nothing guaranteed about either enviable realities. What would these leaders do to keep us there? #firstdebate
Some worry that ongoing deficits add to accumulated debts, crowding out ability to spend on other things. Check it out. Federal debt is less of a problem today than ANYTIME IN THE PAST HALF CENTURY. We got bigger fish to fry than balancing budgets. #firstdebate / 2
Our debt to GDP ratio is lowest in the G7 (<32%), and falling. Interest rates are at historic lows.
For the "living within our means" crowd: we're paying less today than in the past 52 years.
Deficits do matter. They can boost people's potential and economic growth. #firstdebate
We need to worry about the future, all right. Two charts that should be keeping the leaders up at night. #PopulationAging #slowth
#firstdebate
How would they deal with the pressures facing the next generation of workers, asked to support the biggest cohort of seniors in history?
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