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Reality Check, BC business Council reports that BC's economy has grown steadily under the last three Parties


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#1 Harbinger

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Posted 04 May 2013 - 08:34 PM

http://www.bcbc.com/current-members


economic growth for the last 30 years has been basically steady through 3 different governments and actually grew faster under the NDP. That's just a fact.



Every political party wants you to believe they are the best suited to run B.C.'s economy. But how much influence can a provincial government have? CBC’s Reality Check team reached back in time to find out.
B.C. Liberal Leader Christy Clark believes one issue stands above all others this election campaign.
“I think that people are really coming to conclude that this election is about the economy,” she said during a recent campaign stop in Kamloops.
And she takes every opportunity she can to stress the B.C. Liberals are best suited to the job.
But how much control do the Liberals or any other party have over the growth of the B.C. economy? And historically, has one party done better than another?
Consistent growth

It's a big question — and the answer varies depending on how you measure the strength of an economy.
Posted ImageEconomist Brian Yu says the global economy is the primary influence on B.C.'s economy. (CBC)
But overall, B.C.'s economic performance hasn't changed much between the NDP 90s and today.
"On the whole, growth has been pretty consistent over the past 20 years,” said Central 1 Credit Union economist Brian Yu.
Yu says provincial governments can implement long-term strategies to improve economic conditions, but says it's extremely difficult for government to grow the economy.
"I think the primary influences for the economy aren't policy directly, especially for a trading economy like B.C. It's what happens in the rest of the world.”
In other words, it’s hard to blame the Liberals for a global economic slowdown in 2008 — or the NDP for the Asian economic crisis of the late 90s.
Limited control

The B.C. Business Council recently released a study that measured B.C.'s economic performance in the 1980s, 1990s and the 2000s.


Posted Image B.C. Votes 2013 How do your views fit into B.C.'s political landscape?

The report finds the economy has grown at a solid — but not stellar — pace over the past 30 years. And B.C. performed slightly better in the 1990s and 2000s compared to the 1980s, when the Social Credit Party was in power.
The report also points to another interesting statistic that measures the standard of living: GDP per capita — a measure of all the goods and services produced in the province, divided by the total population.
The province was ahead of the national average in 1991 but as the population grew, it fell behind in the 1990s and is still behind today.
The bottom line — provincial governments have limited control over the economy through taxation and other policies. The global economy and demand for B.C.’s natural resources, like liquefied natural gas or lumber, have the greatest influence.


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#2 JoeyJoeJoeJr. Shabadoo

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Posted 04 May 2013 - 08:44 PM

Don't let facts get in the way of running a good campaign.
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#3 canucks since 77

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Posted 04 May 2013 - 09:23 PM

Don't let facts get in the way of running a good campaign.

Something wrong with CBC's stats or that you cant handle the truth? CBC is the only actual unbiased media in Canada. Harbinger is showing actual facts that can be researched and proven. Unlike your Liberal nonsense who's only purpose is to deceive. I'm looking foreword to an NDP govt who's track record is PROVEN by stats, not Liberal lies and spin. The front page of a certain liberal news paper comes to mind. More deceit.
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#4 JoeyJoeJoeJr. Shabadoo

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Posted 04 May 2013 - 09:41 PM

Something wrong with CBC's stats or that you cant handle the truth? CBC is the only actual unbiased media in Canada. Harbinger is showing actual facts that can be researched and proven. Unlike your Liberal nonsense who's only purpose is to deceive. I'm looking foreword to an NDP govt who's track record is PROVEN by stats, not Liberal lies and spin. The front page of a certain liberal news paper comes to mind. More deceit.


Whoosh
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#5 canucks since 77

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Posted 04 May 2013 - 10:07 PM

Whoosh

My apologies. Whoosh indeed.

Edited by canucks since 77, 05 May 2013 - 01:58 AM.

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#6 Harbinger

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Posted 05 May 2013 - 07:54 AM

Come on liberal supporters who say the Ndp will sink the economy. What do you say?
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#7 Lockout Casualty

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Posted 05 May 2013 - 07:56 AM

Come on liberal supporters who say the Ndp will sink the economy. What do you say?


Nothing.
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“Hi Nigel, just a quick note to say that I am always ready to do exactly what is asked but it would have been a great help to know in advance what the strategy was.”

- Carolyn Stewart Olsen, Conservative Senator.

#8 Harbinger

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Posted 05 May 2013 - 07:58 AM

Nothing.


The problem with facts is that they get in the way of a good lie. This is one fact liberal supporters just can't stand hearing.
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#9 Lockout Casualty

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Posted 05 May 2013 - 08:08 AM

The problem with facts is that they get in the way of a good lie. This is one fact liberal supporters just can't stand hearing.


Just wait till Wet comes along with is one-sided (re)posts and a buckedt of contempt for anything contradictory.

On the other hand, it's fun watching the other, less capable cons stay mum in that other thread. It's like this wasn't even posted. :lol:

Edited by Lockout Casualty, 05 May 2013 - 08:09 AM.

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“Hi Nigel, just a quick note to say that I am always ready to do exactly what is asked but it would have been a great help to know in advance what the strategy was.”

- Carolyn Stewart Olsen, Conservative Senator.

#10 Harbinger

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Posted 05 May 2013 - 08:12 AM

Just wait till Wet comes along with is one-sided (re)posts and a buckedt of contempt for anything contradictory.

On the other hand, it's fun watching the other, less capable cons stay mum in that other thread. It's like this wasn't even posted. :lol:


The problem with anything Wet will come back with is that it will just be spin. This is a report from businesses. If you look at who did this report and where there financial backing comes from. It's a who's who of business.
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#11 Lockout Casualty

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Posted 05 May 2013 - 08:15 AM

The problem with anything Wet will come back with is that it will just be spin. This is a report from businesses. If you look at who did this report and where there financial backing comes from. It's a who's who of business.


No doubt these businesses are chock-full of grade A NDP morons at the helm. Just waiting to sink this province and move to Alberta.
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“Hi Nigel, just a quick note to say that I am always ready to do exactly what is asked but it would have been a great help to know in advance what the strategy was.”

- Carolyn Stewart Olsen, Conservative Senator.

#12 Harbinger

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Posted 05 May 2013 - 08:16 AM

No doubt these businesses are chock-full of grade A NDP morons at the helm. Just waiting to sink this province and move to Alberta.



Don't get me wrong this isn't me supporting any party. It's just pointing out the fact that the talking point from the liberals here is just a fallacy.
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#13 mpt

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Posted 05 May 2013 - 08:27 AM

I wouldn't be talking about lies and deceit, when the NDP elect a criminal as their leader it speaks loud and clear to the quality of their members, really was the fraud the best person to pick?

If he was the best person for the job I feel sorry for all the non criminals in the NDP party; they must of been that far behind. Who would choose a criminal over a non criminal unless the non criminals are that much worse?

Farnsworth should've been leader, but they wouldn't elect a gay man as leader. I guess they feel a criminal is better than a homosexual. I for one trust a homosexual over Adrian Dix; people too easily forget the past...
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#14 Harbinger

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Posted 05 May 2013 - 08:38 AM

I wouldn't be talking about lies and deceit, when the NDP elect a criminal as their leader it speaks loud and clear to the quality of their members, really was the fraud the best person to pick?

If he was the best person for the job I feel sorry for all the non criminals in the NDP party; they must of been that far behind. Who would choose a criminal over a non criminal unless the non criminals are that much worse?

Farnsworth should've been leader, but they wouldn't elect a gay man as leader. I guess they feel a criminal is better than a homosexual. I for one trust a homosexual over Adrian Dix; people too easily forget the past...



This isn't about dix or christy Clark. It's about the debunked talking point. I just want to see how any liberal supporters out there feel about the whole BC economy will suffer because of party affiliation when it clearly has a negligible effect on commerce and driving the economy.
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#15 mpt

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Posted 05 May 2013 - 08:44 AM

I agree with your point, the economy will drive itself, I'm concerned with the spending, under the last NDP government the janitors in the hospitals were making more money than the health care workers, that just isn't right...
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#16 Electro Rock

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Posted 05 May 2013 - 09:17 AM

The B.C. economy may have grown in the '90s, due to the huge numbers of people settling here from both the rest of the country and overseas, but you could tell even then that properity was leaving the province even if statstics indicated otherwise.

B.C. has become a dump compared to what it used to be, now plagued with low average incomes compared to the unusually high cost of living, epic corruption and a demographic invasion from Asia.

If you don't like the way things have become the only vote that will make a difference at this point is to vote with your feet.
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#17 JoeyJoeJoeJr. Shabadoo

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Posted 05 May 2013 - 10:21 AM

I guess they feel a criminal is better than a homosexual. I for one trust a homosexual over Adrian Dix; people too easily forget the past...


Wtf?
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#18 canucks since 77

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Posted 05 May 2013 - 10:56 AM

B.C. has become a dump compared to what it used to be, now plagued with low average incomes compared to the unusually high cost of living, epic corruption and a demographic invasion from Asia.


Your foot is bleeding.
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#19 Lockout Casualty

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Posted 05 May 2013 - 02:14 PM

The B.C. economy may have grown in the '90s, due to the huge numbers of people settling here from both the rest of the country and overseas, but you could tell even then that properity was leaving the province even if statstics indicated otherwise.

B.C. has become a dump compared to what it used to be, now plagued with low average incomes compared to the unusually high cost of living, epic corruption and a demographic invasion from Asia.

If you don't like the way things have become the only vote that will make a difference at this point is to vote with your feet.


Through all of the crap you spew about Canada, you're still here sucking up our socialist medical coverage. Let me be the first to welcome you to GTFO if it means you shut up about how terrible Canada and BC are.
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“Hi Nigel, just a quick note to say that I am always ready to do exactly what is asked but it would have been a great help to know in advance what the strategy was.”

- Carolyn Stewart Olsen, Conservative Senator.

#20 Wetcoaster

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Posted 05 May 2013 - 03:58 PM

However that "reaity check" ignores the fact that under the last BC NDP government BC became a "have-not" province for the first time in our history and our credit rating with government lenders fell markedly which cost taxpayers many millions more to service our debt and deficit.

It took the BC Liberals to turn that around following their election in 2001 to bring BC back to the status of a "have" province. And that was despite Harcourt and Glen Clark being in power during a time of a robust global economy. Under Harcourt the S&P rating was AA+. By the time Clark was forced from office in 1999 the rating had dropped to AA-. By 2005 the rating under the BC Liberals had climbed back to AA as a number of disastrous policies were ended and new polices began to take effect, in 2006 it was AA+ and 2007 it was raised to AAA where it has remained since.

In the case of the BC Liberals they have not only restored BC's "have" status and a top credit rating and thereby saved the taxpayers millions, they have manged to do so in the midst of the the 2008 meltdown of the global economy. I shudder to think what would have happened had the BC NDP been in power

That indicates that the BC Liberals do a much better job of managing BC's economy. It is all about comparables.

With the spend and tax BC NDP in power these AAA ratings would again be in jeopardy as they were during the last BC NDP administrations and that means that not only will debt and deficits rise but the cost of servicing the debt will increase and cost taxpayers significantly more. Kind of a double whammy. And put us back on the path of becoming a "have-not" province.

That is a real reality check.
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#21 Gross-Misconduct

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Posted 05 May 2013 - 04:06 PM

I wouldn't be talking about lies and deceit, when the NDP elect a criminal as their leader it speaks loud and clear to the quality of their members, really was the fraud the best person to pick?

If he was the best person for the job I feel sorry for all the non criminals in the NDP party; they must of been that far behind. Who would choose a criminal over a non criminal unless the non criminals are that much worse?

Farnsworth should've been leader, but they wouldn't elect a gay man as leader. I guess they feel a criminal is better than a homosexual. I for one trust a homosexual over Adrian Dix; people too easily forget the past...


This post should put to bed the fallacy that Liberal supporters are smarter than NDP supporters.

My IQ dropped 5 points reading this slobbering drivel.
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#22 canucks since 77

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Posted 05 May 2013 - 04:08 PM

However that "reaity check" ignores the fact that under the last BC NDP government BC became a "have-not" province for the first time in our history and our credit rating with government lenders fell markedly which cost taxpayers many millions more to service our debt and deficit.

It took the BC Liberals to turn that around following their election in 2001 to bring BC back to the status of a "have" province. And that was despite Harcourt and Glen Clark being in power during a time of a robust global economy. Under Harcourt the S&P rating was AA+. By the time Clark was forced from office in 1999 the rating had dropped to AA-. By 2005 the rating under the BC Liberals had climbed back to AA as a number of disastrous policies were ended and new polices began to take effect, in 2006 it was AA+ and 2007 it was raised to AAA where it has remained since.

In the case of the BC Liberals they have not only restored BC's "have" status and a top credit rating and thereby saved the taxpayers millions, they have manged to do so in the midst of the the 2008 meltdown of the global economy. I shudder to think what would have happened had the BC NDP been in power

That indicates that the BC Liberals do a much better job of managing BC's economy. It is all about comparables.

With the spend and tax BC NDP in power these AAA ratings would again be in jeopardy as they were during the last BC NDP administrations and that means that not only will debt and deficits rise but the cost of servicing the debt will increase and cost taxpayers significantly more. Kind of a double whammy. And put us back on the path of becoming a "have-not" province.

That is a real reality check.

You must be starting to sweat Wet, you've retreaded the same post six times now, Nothing new? :frantic: :frantic: :frantic: :picard:
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#23 Wetcoaster

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Posted 05 May 2013 - 04:15 PM

You must be starting to sweat Wet, you've retreaded the same post six times now, Nothing new? :frantic: :frantic: :frantic: :picard:

Nope. Facts and evidence remain facts and evidence.

Just correcting the record as I did continually during the HST debate.

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#24 canucks since 77

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Posted 05 May 2013 - 04:27 PM

Just correcting the record as I did continually during the HST debate.




Living in the past is not good for you. By the way, don't dislocate your shoulder trying to pat yourself on the back. Old age doesn't heal well. If by correcting you mean parroting, your bang on. Your dogged persistence in trying to spin everything away from SS liberal Titanic does your profession proud.
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#25 Harbinger

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Posted 05 May 2013 - 06:49 PM

However that "reaity check" ignores the fact that under the last BC NDP government BC became a "have-not" province for the first time in our history and our credit rating with government lenders fell markedly which cost taxpayers many millions more to service our debt and deficit.

It took the BC Liberals to turn that around following their election in 2001 to bring BC back to the status of a "have" province. And that was despite Harcourt and Glen Clark being in power during a time of a robust global economy. Under Harcourt the S&P rating was AA+. By the time Clark was forced from office in 1999 the rating had dropped to AA-. By 2005 the rating under the BC Liberals had climbed back to AA as a number of disastrous policies were ended and new polices began to take effect, in 2006 it was AA+ and 2007 it was raised to AAA where it has remained since.

In the case of the BC Liberals they have not only restored BC's "have" status and a top credit rating and thereby saved the taxpayers millions, they have manged to do so in the midst of the the 2008 meltdown of the global economy. I shudder to think what would have happened had the BC NDP been in power

That indicates that the BC Liberals do a much better job of managing BC's economy. It is all about comparables.

With the spend and tax BC NDP in power these AAA ratings would again be in jeopardy as they were during the last BC NDP administrations and that means that not only will debt and deficits rise but the cost of servicing the debt will increase and cost taxpayers significantly more. Kind of a double whammy. And put us back on the path of becoming a "have-not" province.

That is a real reality check.



You are skirting the actual facts and numbers trying to change the subject. Under the last three governments the growth of the province has been relatively steady and the point where the province was exceeding the country in growth it was under the NDP. Please feel free to keep on subject and tell me how it was that government policy over the last 30 years has done little to affect the economical figures?
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#26 Wetcoaster

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Posted 05 May 2013 - 07:59 PM

You are skirting the actual facts and numbers trying to change the subject. Under the last three governments the growth of the province has been relatively steady and the point where the province was exceeding the country in growth it was under the NDP. Please feel free to keep on subject and tell me how it was that government policy over the last 30 years has done little to affect the economical figures?

No, I am not skirting anything. I am supplying context to the numbers.

Although the economy may have grown, in real terms it went backwards based on the descent of BC into have-not status and the plunge in our credit rating.

That provides context for the raw numbers.

Despite the 2008 global economic meltdown BC has maintained its top credit rating and remains a have province. That did not happen under the previous NDP government despite a robust global economy.

If the BC NDP were incapable of sustaining BC's economy in good times, in this environment that spells disaster.

Edited by Wetcoaster, 05 May 2013 - 08:19 PM.

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#27 Wetcoaster

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Posted 05 May 2013 - 08:02 PM

DP

Edited by Wetcoaster, 05 May 2013 - 08:02 PM.

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#28 Wetcoaster

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Posted 05 May 2013 - 08:03 PM

Living in the past is not good for you. By the way, don't dislocate your shoulder trying to pat yourself on the back. Old age doesn't heal well. If by correcting you mean parroting, your bang on. Your dogged persistence in trying to spin everything away from SS liberal Titanic does your profession proud.

Those who cannot learn from history are doomed to repeat it. ~ George Santayana
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To err is human - but to really screw up you need a computer.

Always listen to experts. They'll tell you what can't be done and why. Then do it.

Quando Omni Flunkus Moritati

Illegitimi non carborundum.

Never try to teach a pig to sing - it wastes your time and annoys the pig.




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