Where is the key chart, summarizing the economic records of all nine PMs?
Ive seen that chart, but cant seem to find it again. Can anyone direct me
to it?
Thanks,
Linda McQuaig
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From: turc-bounce@xxxxxxxxxxxxx [mailto:turc-bounce@xxxxxxxxxxxxx] On Behalf
Of Andrew Jackson
Sent: Monday, August 03, 2015 11:41 AM
To: turc@xxxxxxxxxxxxx
Subject: [TURC] Re: Harper's economic failures: links and Twitter Q&A: Wed
Aug 5 12-1 pm
Great piece of work Jim and Jordan.
Sent from my iPad
On Aug 3, 2015, at 8:36 AM, Jim Stanford <Jim.Stanford@xxxxxxxxxx> wrote:
Dear Friends;
As most of you know, Unifor released a big study last week documenting the
economic records of the postwar Prime Ministers, showing that Harpers
record is by far the worst of any PM (serving at least one full year) since
1946. Here again are links to the full study, and a 4-minute video summary
we have produced:
<http://www.unifor.org/sites/default/files/documents/document/909-harper_eco
nomic_critique_eng_0.pdf>
http://www.unifor.org/sites/default/files/documents/document/909-harper_econ
omic_critique_eng_0.pdf
<https://www.youtube.com/watch?v=6a0DgSWa48E>
https://www.youtube.com/watch?v=6a0DgSWa48E
Also posted below is a summary table that shows where Harper ranked on each
of the 16 traditional indicators we considered.
Please note all these indicators were measured with annual data only up to
2014 (year average), so they dont take into account the current downturn.
If we used 2015 data in this analysis, he would have looked even worse.
We are hosting a one-hour Q&A session on Twitter on Wednesday (August 5)
about the study, and about Harpers miserable economic record generally.
The session will run from 12 to 1. I expect a lot of action from trolls
during the session, and would greatly appreciate some informed and positive
queries (about our methodology, about economic alternatives to Harpers
approach, etc.) to balance things out. So please send your questions (using
my handle, @JimboStanford, and the hashtag #HarperEconomy) at noon-hour on
Wednesday.
Many thanks for your interest & support!
Jim
16 Indicators of Postwar Economic Performance
Indicator
Description
Harper Govt Score
(2006-14)
Ranking (out of 9)1
Job Creation
Average annual growth in employment
1.0%
9th
Employment Rate
Change in employment as share of working age population
-1.4 points
8th
Unemployment Rate
Official unemployment as share of labour force
7.1%
6th highest
Labour Force Participation
Change in labour force participation as share working age population
-1.0 points
9th
Youth Employment
Average annual growth in under-25 employment
-0.3%
8th
Job Quality
Average score, CIBC Employment Quality Index (1988=100)
87.2
Worst
GDP Growth
Average annual growth in GDP adjusted for inflation
1.6%
9th
Real per Capita GDP Growth
Average annual growth in real GDP per capita
0.4%
9th
Business Investment
Average annual growth in real business non-residential investmt.
2.5%
8th
Exports
Average annual growth in real exports of goods & services
0.3%
9th
Labour Productivity
Average annual growth in real GDP per hour of labour
0.9%
8th
Personal Incomes
Average annual growth real personal income per capita
0.9%
2nd worst (tied)
Inequality
Average share of top 1% in personal income
12.7%
8th
Social Wage
Average ann. growth real federal non-military program spending per capita
0.6%
6th
Household Debt
Change in personal debt as share of GDP
+20 points
Worst (tied)
Government Debt
Change in federal net debt as share of GDP
+0.9 points
7th
Jim Stanford
Economist / Economiste
Research Department, Département de la recherche
<image001.png>
T: 1.800.268.5763 ext.849 | Fax: 416.495.6552
205 Placer Court, Toronto, ON, M2H 3H9
jim.stanford@xxxxxxxxxx
<image002.png> @JimboStanford <https://twitter.com/UniforTheUnion>
<image003.png> facebook.com/Jimbo.Stanford
<https://www.facebook.com/UniforCanada>
www.unifor.org <http://www.unifor.org/>
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