Monday, April 13, 2009

Canadian Jobs Evaporate - Analysts say "Worst is yet to come"



357,000 Canadians have lost their jobs since October of last year and analysts predict the situation will only get worse. The large number of unemployed Canadians can expect competition for the few jobs available to only get more intense as their ranks are expected to swell by a further 20%. The unemployment rate, according to government numbers, has risen to over 8% and is expected to break the 10% mark before the situation starts to brighten.

Even the Economic Powerhouse of Alberta is suffering massive job losses and their provincial government recently announced their deficit for 2009 is rising fast as well. BC and Ontario are experiencing a similar slowdown of the overall economy with dramatic job losses of their own and excessive deficit spending.

Social Safety Nets such as Food Banks are seeing unprecedented increases in overall need. With numbers climbing faster than have ever been witnessed before. This is spawning a lack of general resources for these local Food Banks and an inability to meet the needs of their clients.

Government intervention is to blame here. The solution is not more intervention. The Free Market System would quickly, albeit painfully, rectify this ongoing depressive economic tailspin we find ourselves in. The Canadian Government and Governments around the world need to stop meddling with their respective economies with fix after fix, bailout after bailout and meanwhile racking up huge amounts of debt. The entire issue, as macro as it appears to be, is really not that hard to understand. It all boils down to intervention and the self-righteous expectation of these monstrous corporations, their ideologically socialist unions and the representatives we vote for who really don't represent anything other than what their party leadership tells them to. Should they fail to toe the party line they are swiftly dealt with as to serve as a lesson to the remaining MPs.

This type of politics must end in Canada. Representatives must be free to represent their constituents without fear of repercussions and without threats made to their status, position or party affiliation. A Member of Parliament must be allowed to dissent, A voter must be allowed to dissent, A citizen must be allowed to dissent. "It's what makes the system work" one might say.

Silenced dissent is not democratic and it's fails to serve anyone other than those in power.

The Libertarian Party of Canada
http:libertarian.ca