Quote:
Originally Posted by LightingGuy
0.6% GDP growth vs ~0.75% population growth
|
Yep, we're among the economies that are declining at the moment (on a per capita basis). It was my point with the posts above. Montreal has an easier time buying buses than Westmount, while Westmount has an easier time buying buses-per-capita than Montreal. Both are "true".
And of course quality of life for the average Canadian is on track to continue to erode, but a subset of the population (who disproportionately show up at the voting booth) will become even wealthier.
It's an interesting experiment: a Ponzi Scheme that's government-backed and government-boosted while a good chunk of the electorate wants it to continue. Somewhat uncharted territory, that might (based on history) end with the Renter-For-Life class wanting to eat the Landed Gentry. (Or not, because we're nice; it's Canada.)