Alethia
When I read articles like this, I become extremely angry. For Carney and the BOC to lecture poor home-owners who are forced to buy homes--slum homes on paltry wages is unforgivable. Do the math, and calculate a home budget for a below average home in Vancouver. Then apologize to us Mr. Carney.
Then there is the consumer, who carried this economy through the worst global recession ever. Consumer confidence, buying vehicles from the bankrupt big 3, homes, and durable goods on declining incomes ought to be lauded as heroes, not berated for taking on the added debt the banks and BOC were begging us to do. For some Carney may be considered a hero, but for the commoner in Canada, he appears destined to infamy. Of course let him go to the UK and get an education of what a real disastrous economy looks like. He will pine for the days Canadians made him out to be a hero.
Then there is the consumer, who carried this economy through the worst global recession ever. Consumer confidence, buying vehicles from the bankrupt big 3, homes, and durable goods on declining incomes ought to be lauded as heroes, not berated for taking on the added debt the banks and BOC were begging us to do. For some Carney may be considered a hero, but for the commoner in Canada, he appears destined to infamy. Of course let him go to the UK and get an education of what a real disastrous economy looks like. He will pine for the days Canadians made him out to be a hero.
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