Chris : Also the reverse for Oregon. In a number of ways this state is low on the totem pole despite what you'd suppose would be its strengths because of the high education levels of most of the population. But the timber industry here collapsed some time ago when spotted owl habitat was defined to included half of the entire state. Mind you, I don't like clear-cutting and think it is a bad idea to chop down every tree in every county, but the millions of board feet of lumber of past years is now down to a couple hundred thousand and the effects are everywhere. Don't know how many towns have gone belly up, but in the dozens, with the latest to be endangered being the town of Oakridge, maybe 20 miles from Eugene, a charming community that once had two sawmills and has none at all these days ; the last one had its equipment sold off for scrap or spare parts just a few weeks ago. Now the Left is yelling bloody murder because of the proposed Alberta pipe line ? ? ? Therefore, what ? It is better to continue to provide hundreds of billions to the Saudis in perpetuity ? I wonder if anything will satisfy those people short of all of us becoming Amish who vote Democratic. Or better, Amish who become Marxist-Leninists. Where did all the sane Democrats of yore go ? Billy ---------------------------------------------------------------------------- ------- message dated 8/30/2011 3:00:22 P.M. Pacific Daylight Time, [email protected] writes:
Also, Canada, like neighboring Montana and North Dakota has a rich reserve of natural resources that are being profitably exploited. Montana and North Dakota each have budget surpluses. I would like to think that we are more brilliant up here in Montana where libertarian ideals are strong, but I have to point out that our elected representatives are mixed: a Tea Party Republican representative in Congress, two Democrat senators, and a Democrat governor. Methinks the coal, lumber, and oil has something to do with it. Chris From: [email protected] [mailto:[email protected]] On Behalf Of Dr. Ernie Prabhakar Sent: Tuesday, August 30, 2011 3:47 PM To: [email protected] Cc: [email protected] Subject: Re: [RC] [ RC ] CANADA ECONOMICS For Austrians, a nice Radical Centrist analysis Hi Billy, On Aug 30, 2011, at 2:00 AM, [email protected]_ (mailto:[email protected]) wrote: By now it should be clear that Canada was an economic anomaly in a world falling apart through the duration of the global recession that began in 2007. As the crisis in Europe continues to spread and the US economy reels after narrowly averting national default, while Canada contemplates interest-rate hikes amid a broadly strengthening economy, it appears this is a story that has little changed. Insofar as this aberration is not to be entirely attributed to the conspiracy of fortuitous circumstances, the most logical explanation is to be found in the differences in policy between Canada and the rest of the developed world and, further, that this difference consists most convincingly in its relative restraint of government spending both immediately following the financial crisis and throughout the preceding decades. Very interesting analysis. I am always skeptical of someone recounting a narrative that so closely matches what they've always preached, so I'd love to hear contrary arguments. Still, at first glance it certainly seems Canada did better with a (relatively?) minimal stimulus than we did with a big one. E -- -- Centroids: The Center of the Radical Centrist Community <[email protected]> Google Group: http://groups.google.com/group/RadicalCentrism Radical Centrism website and blog: http://RadicalCentrism.org
