The Numbers Are Bad (w/ David Williams, Economist at Business Council of BC)

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  • Опубліковано 14 лис 2024

КОМЕНТАРІ • 17

  • @David-fg3lr
    @David-fg3lr 10 днів тому +8

    I'll be 73 in a few months, born and raised on Vancouver Island and still living here. In my life I've never seen such dismal times in our province. and the whole country for that matter. It's like politicians no longer seem to know what to do or how to manage a economy or to run a stable society. I actually fear we are doomed to failure for all the reasons your guest points out. And here in BC we couldn't even successfully change the government in the recent election.

    • @karscotsales
      @karscotsales 8 днів тому

      Understand how our money is created and the ULTIMATE Cost to YOU and I I too live in Nanaimo and I'm 3 years older than you are ua-cam.com/video/XIe_BiRIlgU/v-deo.html

  • @logtolum
    @logtolum 10 днів тому +6

    78 year old, and looking at what has happened from a 'living right through it all' perspective. Many factors have changed. Take the change from a heavily rural and resource based economy in the 50's well into the 80's and a political weight that reflected that reality, to now, where the economic growth is almost entirely based on housing construction in urban centers both to keep up with exploding population fueled by Trudeau's immigration disaster added to the explosive growth in government bureaucracies. 60 years ago if you went for a civil service job it was about long term employment with a meagre pension at the end. Wages were always lower reflecting that security aspect. Now a civil service job pays almost twice the average wage, with even more benefits. Government workers now represent a huge percentage of the economy. Bureaucracy is like a cancer; always trying to grow and spread. Nobody ever asks or confronts this virus. It is at every level, from schools/education, local governments who never seem to be able to say 'NO' to the shrieking Karen's wanting more, more, more. Nobody ever gets rid of 'programmes'; they just create more. Oh how did we ever survive in the 50's without rent controls, or bike lanes or school lunch programmes or, or...?
    Now, after this recent election, this rural/urban divide... I call it practical think versus Disneyland... we likely will end up with a Minister of Forests from the remote spaces of Burnaby, whose idea of forestry comes from doing the Grouse Grind.
    Not optimistic. We live in a weak, feminized, bubble society where we all gotta be safe. Nature doesn't work that way. And nature always bats last.

  • @lawrencehalpin6611
    @lawrencehalpin6611 13 днів тому +8

    We get what we vote for. Enjoy your ride to poverty.

  • @Hoser584
    @Hoser584 11 днів тому +1

    Christy Clark, who ran the BC governments laundry business, is trying to make a comeback.

  • @simonAdeWeerdt
    @simonAdeWeerdt 14 днів тому +1

    How about dealing with our limited telco/internet market? Our limited options in big grocers?

    • @zigarten
      @zigarten 14 днів тому

      As you can see by Shaw buyout, it’s a tough go. Limited grocery? There’s a lot of grocery stores. If you don’t want to shop at the 4 majors, I’m sure you can find an independent. Also, read the reports, all public information, and see how tight the profit margin is, ergo, limited to 4 majors.

    • @anitamaria4173
      @anitamaria4173 12 днів тому

      How does that make the BC economy better in terms of real investment & growth?

    • @simonAdeWeerdt
      @simonAdeWeerdt 11 днів тому +1

      @@anitamaria4173 providing higher prices to monopolies does not help make the BC economy better in terms of real investment & growth?
      Real competition has the potential to stimulate the economy. The internet and internet access are resources in a knowledge economy.
      If BC weds itself to last century's economy we will increasingly be left behind. Canada's productivity lags the US. Why do you think that is?

  • @anitamaria4173
    @anitamaria4173 12 днів тому +4

    Sadly, as mentioned, this failing economy is all by design. Yet people continue to vote themselves into poverty. Eby will do nothing to improve the lives of citizens. It almost seems like people in BC want a parent/child type relationship between themselves & the government. With a little handout/allowance to survive.

  • @michaelcampbell1128
    @michaelcampbell1128 11 днів тому

    Hello Carol, all this government talk about how well we are doing but for instance here I am trying to1200 dollars a month and I am not the only won. If I have to renew my mortgage I will be either homeless or not able to eat, but the politicians say all is fine....