Yeah, then they would be forced to take public transportation.
Daryl
joined 2 months ago
So you think that the loss of huge tracts of trees has nothing to do with the decline of lumbering in Canada? The facts and the evidence indicate differently. Politicaldogma, on the other hand, has no respect for facts or the truth.
Agriculture is relevant only as far as you proclaim to to be. The discussion is neither about agriculture nor agricultural productivity. Yield per acre is now a much better indicator of agricultural success than farm labor productivity.
I have absolutely no idea where you got the notion that I thought Canada's educational system is inferior to that of America. That notion is just silly. What I am saying is that the government is not putting enough public money into our highly successful and highly effective apprenticeship programs. A program is only as influential to our economy as the number of students who can get into it.
Digging deeper, something is amiss with the reference the article sites.
https://nam.org/mfgdata/facts-about-manufacturing-expanded/
According to this cited article, Item 4 there are 13 million American manufacturing jobs.
Buried well down, item 15, foreign-owned firms employed 5.3 million workers in America in the manufacturing sector.
The way I was taught math, that represents around 40% of the American manufacturing jobs are in non-American-owned companies. Yet the article identifies this (minimizing the impact) as only 16.4%. Are Americans really this bad at math? Or this good at obfuscation? But 40% is really signifying 'branch plant economy', similar to Canada..
What has devastated the Canadian lumber industry are the forest fires and the Pine Bark Beetle.
The irony of this is that China is now doing this to the US - America is rapidly becoming a 'spoke' in the wheel of the Chinese 'hub'. For example, General Electric Appliance Division is now owned by a Chinese company Haier, and all GE Appliances built in America are now Chinese models, all profits going back to China. So even if America buys 'made-in-America', China still gets richer.
The value of the Canadian dollar is dependent on the CPI only to the extent that the market relies on the CPI to assess what the market is willing to pay for the dollar. Interest rates probably have a greater influence. The BoC can influence the exchange rate of the dollar to a limited extent by influencing supply/demand through the purchase/sale of Canadian debt instruments, but that is indirect through interest rates. China can influence the price of the Canadian dollar by either selling off or buying Canadian dollars in its foreign currency reserves.
In point of fact, China COULD theoretically tan the American dollar by selling off the trillion it has in American currency reserves, but that would be a one-shot weapon and it would also cause pain in China, since China now owns so much of American industry.
It depends on exactly what you mean by 'bricked'. Take over the operation of the car, or just cause it to stop functioning? Teslas are easy to disable remotely. Just botch up the navigation system. But to cause them to deliberately crash? Takeover the complete control of the car?
Not completely. Even given China's enormous manufacturing capacity, there are still gaps in it. China very definitely prioritizes the manufacturing, even after the opening up of the economy to private entrepreneurs. For instance, it has delegated cities of well over a million people each to a dedicated task - one to robotics and the other to quantum computing. Everything in the city - infrastructure, education, facilities, governance - is directed towards these focus centers of excellence.
If it is not high on the government priority list, it is fair game to outside countries to fill the gap. America just does not want to manufacture what China wants. If Canada decides to do so,the opportunities are there.
The way the currency is valued in China is very different than how it is valued in Canada. Canada still let the dollar float, meaning the market to a great extent determines its vale, The Canadian dollar is worth exactly what someone wants to buy/sell it for in another currency. China uses a fixed currency. It does not float. Canada used to have a fixed dollar against the US dollar.
The problem in Canada is that the apprentice program is government-controlled and monitored. If Canada put a lot more money into apprentice training, the Canadian tech industry would love to have them. It is not the wage rate that is the impediment, it is the training involved to get there. It is not the Canadian private sector that is the problem, it is the Conservative sector that just does not want to spend public money in training the work force. Private companies have absolutely no say in how Canadian high schools are operated, and what their spending priorities are.
And again agriculture and farming productivity has nothing to do with manufacturing productivity, nor with the statistics for the manufacturing sector.
The rise of fascism has nothing to do with our ignorance of history, but with the success of the fascists in convincing the general public that what they are doing is not fascism. Those who control the label, control the information flow.