I am impressed with how the MSM ignore the pattern of personal attacks by Liberals when evidence is in plain sight. Liberals would have been happy to have Fantino and Rossi run under the Liberal banner . The vitriolic attacks from the Liberals illustrate the panic or desperation within the badly damaged brand. The balance sheet and seven by elections under Ignatieff has not been a pretty sight to behold for those in the Liberal camp. How much more time will they give him before revoke his membership?
Anyone remember Liberals trashing these ads?
Deciding to leave a political party that you’ve been part of for decades and joining another is a very difficult thing to do. One doesn’t make these decisions lightly or easily. The hard part was not to recognize that my beliefs had come to have more in common with the Progressive Conservatives — anyone who followed my mayoral campaign can attest to that — but having the courage to face the loss of some friendships and associations that have meant a great deal to me.
During my mayoral campaign, particularly as it came to an end, with some notable and much-appreciated exceptions, more and more of the Liberals among my active supporters fell away, some with extreme and very public prejudice, and no pretense was ever made that my policies had anything to do with it. It was about “politics,” not policies; about the party, not the people. It was a disheartening, and yes, profoundly disillusioning experience for me and those who stuck with me.
And then, at the end, I looked around my campaign table and realized that not one of my PC supporters had left me, nor would they until I released them by formally withdrawing from the race. They supported my ideas, my principles and my integrity with a staunch integrity of their own. Now it is my turn to support them, and continue to follow my drive towards public service with a party and leader, Tim Hudak, who I have more in common with than I ever realized possible.-Rocco Rossi National Post
When did the praise for Rocco Rossi become immaterial? When he decided to run for Mayor? No It appears his decision to not run under a Liberal banner is the litmus test.
Federal Liberals are losing long time MPs to "other" activities.
Ignatieff said that under Rossi, who became national director less than a year ago, the party has "vastly improved" its dismal fundraising, more than tripled its membership and is now "in a solid position to fight the next election, whenever it comes."
He saluted Rossi's "dedication to serving the public good" and his decision to run for mayor.
"Torontonians should be proud to attract talented people such as yourself who want to lead. I wish you the best of luck."
Why are Liberals comfortable in dismissing the good work and track record of Rocco Rossi in aiding the Liberal party so quickly? Is it just politics?
Estimates of potential GDP are crucial for monetary and fiscal policymakers who require estimates of the economy’s capacity to gauge inflationary pressures and to assess the budgetary position over the business cycle. Unfortunately, an economy’s potential GDP and output gap are not directly observable and therefore must be estimated. Fortunately the Department of Finance and the Bank of Canada construct estimates of potential GDP which are used in their respective policy analyses and deliberations.
However, given the absence of published estimates over the forecast horizon 2008-2013, it is necessary to construct them.
Future potential growth is assumed at 2.4% annually and an upper bound of 2.7% and lower bound of 2.1% are also considered. This range is consistent with estimates of potential growth provided by private sector forecasters and the Bank of Canada. -The Budgetary Balance and the Economic Cycle December 18, 2008
March 6, 2009 - Global fiscal stimulus is essential now to support aggregate demand and restore economic growth. The International Monetary Fund has called for fiscal stimulus in as many countries as possible, including emerging market and advanced economies. This paper uses simulations with a multi-country structural model to show that worldwide expansionary fiscal policy combined with accommodative monetary policy can have significant multiplier effects on the world economy.-INTERNATIONAL MONETARY FUND
July 6, 2009 - Given the revised economic outlook, updated assumptions, and announced post-budget measures, PBO is now projecting cumulative budgetary deficits of $155.9 billion over the 5-year projection period 2009-10 to 2013-14. The budget deficit is expected to peak at $48.6 billion (3.2 per cent of GDP) in 2009-10, improving to $16.7 billion (0.9 per cent of GDP) by 2013-14. Economic and Fiscal Assessment
November 2009 - Reflecting the better-than-expected employment performance since May and upward revisions to real GDP growth, private sector forecasters have revised down their outlook for the unemployment rate in the near term (Table 1-4). Based on the September 2009 PBO survey, forecasters expect the unemployment rate to average 8.4 per cent in 2009 and 8.9 per cent in 2010 – lower than the 8.7 per cent and 9.4 per cent, respectively, expected in the June survey. Economic Fiscal Update
April 9, 2010 - March’s employment increase brings total gains to 176,000 (+1.1%) since July 2009. Employment edged up by 18,000 in March, continuing an upward trend that began in July 2009. The unemployment rate remained unchanged at 8.2%.- Labour Force Survey
