View: Canadian Budget - chpc.biz

Canadian Budget - chpc.biz

Just released Canadian Budget; Flaherty, Harper & friends "... plan to leverage billions in spending on military equipment into making Canada an arms exporter." The chart suggests there is plenty of room for Canada to move up in rank. Unemployed? Underemployed? Get thee down to the retraining center for a placement in the bullet and bomb department. More at www.chpc.biz

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Guns or Butter?

According to the Postmedia News reading of the just released Canadian Budget; Flaherty, Harper & friends "... plan to leverage billions in spending on military equipment into making Canada an arms exporter." 

The chart to the left suggests there is plenty of room for Canada to move up in rank.


CLICK TO ENLARGE CHART

The Star

reports that the new Canadian budget passes along their survey of forecasters who have a very bullish call for a big spike in growth next year.

Unemployed? Underemployed? 

Get thee down to the retraining center for a placement in the bullet and bomb department. 


CLICK CHART TO ENLARGE

I wonder who the  Economic Growth Forecasters are. They do not appear to be business people at ground level. 

As the chart left demonstrates, the PMI (Purchasing Managers Index) which reflects Business Owner Confidence, has been in a downtrend since the peaks in 2010-2011. 

But only two weeks ago to the question: “How much of a kick are we going to take on the revenue side because of lower nominal GDP?"

Mr. Jim Flaherty replied "Significant, it’s significant.” 


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