Jim Sentance
@jsentance.bsky.social
Economics, Wine, Apples, Cider, Beer. Did I mention wine?
A big (and stupid) bone that gets many American online people (and their Canadian quisling brethern) very excited is the "high tariff" on agricultural goods. People whip out the above-quota tariff rate and say "look at what they are charging!" without understanding what a tariff-rate quota is.....
Thomas Seal@twseal.bsky.social · 3w agoTrump posts threat he will increase autos and auto parts tariffs on Canada to 50% on Jan. 1st. The industry is highly integrated across the border.
Canada demands: 1. US adopt metric system 2. Too many states, eliminate 3 3. E15 gas includes maple-derived ethanol 4. Canada may mess with Texas 3rd weekend of every month
I wonder if President Zelensky had some advisors saying "sir, we cannot hurt Russian GDP more than they hurt ours, therefore we should submit to all demands". Maybe, but they sure weren't in this picture. He didn't listen to such nonsense. We haven't been invaded. But we are under attack....
This reminds me of Stockwell Day's stupid promise to hold a referendum on any topic as long as it was supported by a petition signed by three per cent of Canadian voters, which then prompted Rick Mercer to start one that would require Stockwell to change his first name to Doris. Hit the mark easily.
'Doris Day' petition hits the mark | CBC News
cbc.ca
Jim Stanford@jimbostanford.bsky.social · last yr.Part I: The numerator of Canada's per capita GDP has done reasonably well: 2nd best GDP growth in the G7 over the last decade. The denominator (population) has grown unusually fast (esp. since 2021), and that is what has suppressed the value of the ratio: policyoptions.irpp.org/magazines/ap.... /3
Wait until they found out how many economist plagiarized "We leverage a novel instrumental variable that is plausibly exogenous."
Noah Williams@bellmanequation.bsky.social · last yr.Possibly the dumbest of the many dumb plagiarism claims nationalpost.com/news/mark-ca...
Just thinking, if I were a Provincial liquor agency I'd be significantly downsizing my current orders of American alcohol, just in case we're back at it in a month
Currently reading The Meaning of Beer by Johnny Garrett. Great book, but one thing he gets really wrong is what Americans were drinking before beer started its rise in the mid 1800s. Whiskey was big, but before 1850 Cider was as big or bigger.
Whats with this 51st state bullshit? 51st to 60th for starters, and yes, two senators for PEI
There is no generalized austerity in Canada. Provincial governments are spending *way* more than they did a decade ago. They are just choosing to spend it pretty much anywhere apart from post-secondary education. higheredstrategy.com/more-eating-...
More Eating the Future | HESA
Morning everyone. Welcome back. Some statistical wonkery today, with respect to the analysis of government expenditures on postsecondary education. Many … Continued
higheredstrategy.com
Two middle-aged white guys telling themselves there was no racism in Canada until "wokeism" imported it is just so patently absurd as to be comedic. Someone needs to call Poilievre on it.
Remembering Jimmy Carter not only as an incredible man but also as the President whose administration lifted the US ban on home brewing, kick-starting the Craft Beer revolution
Today's data: average earnings! 🥳 From StatCan today (https://www150.statcan.gc.ca/n1/daily-quotidien/241219/dq241219a-eng.htm?HPA=1), weekly earnings are 5.3% above last year. Adjusting for compositional changes, inflation-adj real hourly wages are nearly back to pre-COVID trend. #cdnecon
Total provincial transfers to PSE institutions as a % of total provincial expenditures, Canada, 2006-07 to 2024-25
RFK Jr’s transition team lawyer is currently petitioning the US government to pause distribution of vaccines for polio, hepatitis A, diphtheria, tetanus and nine others. America is on the brink of the Middle Ages.
I have an op-ed in the NYT today about how to reduce crime. The key idea, based on decades of strong research evidence: focus on increasing the probability of getting caught, not the punishment. www.nytimes.com/2024/12/07/o...
"The only solution is not to use hard drugs", PP said [slaps forehead] OF COURSE! Damn... can't believe I didn't think of that - it's SOOO easy! The answer has always been *right there*! PP really puts a finger on it... and by "finger", I mean his dick, and I by "it" I mean bicycle spokes.
My provincial economic indicator charts are up to date with the data to September 2023. See the summary table below and the detailed charts at the URL indicated. #cdnecon www.philipsmith.ca/Provincial_e...
www.cbc.ca/news/canada/... Federal excise taxes already hugely favour craft brewers,and are a small part of the government burden on them. Talk to the provinces.
