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.
This was a simple critical analysis of the thesis of the article. If an argument is based on a clearly flawed premise, it cannot stand as a credible piece. It is clear many commenting here have bought into the conclusion, and giving every benefit of the doubt, if they arrived at these conclusions only as a result of this argument and presupposition: it is evidence of the deception and devastation of illogical arguments. If every commentator was not prejudiced prior to reading this, it would be one thing, however it would seem both author and commentators are demonstrating the profound ignorance of the herd mentality: Moved and herded by logic simply imperceived. (unrecognized)