• teppa@piefed.ca
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    4 days ago

    We did mass immigration well beyond what our economy could sustain in order to invert the Phillips curve after massive government money printing and QE. This caused dire shortages in infrastructure and asset bubbles.

    I think most people agree with sustainable immigration, which if people like yourself stopped screeching ‘racist’ for 5 seconds we may stop destroying the poor and the young at the alter of economic growth and Tim Horton’s parbaked transfat profits.

    • LostWon@lemmy.ca
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      3 days ago

      So you realize the problem didn’t start with immigration, yet that’s where you put your focus? The outcry should be against policies that promote exploitation of workers, regardless of where they are from. That by itself would stop any excess immigration equitably, without dehumanizing anyone by going back on our word and treating them like garbage.

      • teppa@piefed.ca
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        3 days ago

        If they were treated humanely it would still be a shortage, you need to build homes FIRST and then increase immigration. Or else you hurt those without assets. Nobody is blaming immigrants themselves except your poor attempt at an ad hominen argument.

        • LostWon@lemmy.ca
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          12 hours ago

          What ad hominem argument? I directly responded to the substance of your comment (specifically the premise that we start with immigration even though your comment contained an acknowledgement that was not the cause of Canada’s economic troubles). I said nothing about you directly or your motivations. If you’re going to ignore relevant criticism, there’s no point continuing this conversation.

          • teppa@piefed.ca
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            12 hours ago

            The economic troubles are immigration. What happens is you have QE and 0% interest rates, to deal with Covid, then you have a labor shortage and “quiet quitting”; as per the phillips curve in economics where inflation and employment are inversely coorelated. Then you have mass immigration to fill the temporary QE induced labor shortage. Then you have the BoC raising interest rates, even more so than expected given Trumps tariffs. Then you have a reversion to the mean for employment, and a lot more workers that can no longer be absorbed.

            So its all excess immigration. We arent meant to drastically distort the market like this to fill temporary lulls or highs in the economy, to hide falling GDP growth and then losing the election. I’m not a mustached villain, I simply have a single mom sister who can barely get by as an education assistant and think what we did is despicable.