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Originally Posted by Baraka_Guru
This argument falls flat on its face. If rules and regulations can't make the world perfect, then there shouldn't be rules and regulations. Let the market fix things instead. Nice.
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That was not the argument presented.
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Oh, I'm sure you have nothing against Canada. I just want to point out to you that you're grossly misreading what's going on here.
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I can see the major trends. If you take the position that Canadian debt is not on track to consume GDP without some major change in policy, I suggest you do not know what is going on. In addition, like I presented, Canada has a solution in Oil and minerals if the market holds. That is my primary point, is that what you dispute?
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If the tar sands were to blow up right now and be consumed in flames, Canada would not be consumed by its debt. Look at the numbers. The tar sands produces about 2% of our overall GDP and consist of less than 1% of our jobs. Even if you look at our entire oil industry, of which the oil sands is the lion's share, we have other energy industries, including a powerful hydroelectric industry. Again, ace, you fail to understand the Canadian economy. The high oil price is icing on the cake for us.
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O.k., you don't see what I see.
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It's not me who places little value on labour. My view is that a free market would seek to minimize the value of labour and restrict the power of labour. The profit motive requires this.
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Labor has a profit motive. If labor is 1/3 of the equation why do you insist it is less important? Why do you not realize that labor can exploit those who hold capital? Again, rhetorical. Perhaps like those Rorschach tests, what I see clearly is not clear to you. I don't know what to add.