About that unemployment rate

Feb 6, 2009
A couple days ago I was musing about big job losses on the horizon. Today, there is good news and bad news. The good news is that total employment has only dropped by 1.7% between Jan 2008 and Jan 2009. The bad news is that total unemployment surged by 50% over the same period. OK,… View Article

Love Those Deficits

Feb 6, 2009
As noted by Vaughn Palmer in the Vancouver Sun, it seems that all the political parties will benefit from Premier Campbell’s recent conversion to deficit budgets. While deficits are the obvious outcome of a rapidly decreasing economy, little is mentioned about the long-term effects that successive waves of tax reductions will have on building BC’s… View Article

No full-time kindergarten this year

Feb 4, 2009
Kindergarten expansion in BC has officially been postponed to the indefinite future, reports Janet Steffenhagen on the Vancouver Sun’s education blog Report Card today, referring to an article in the Nanaimo Daily News as her source. The announcement itself is hardly surprising in light of the gloomy fiscal update delivered by the Premier earlier this… View Article

Climate policy: contradiction #2

Feb 4, 2009
Speaking of BC climate policy contradictions that desperately need to be addressed (like I was doing here), wrap your head around this: our current policy framework is supposed to simultaneously reduce consumers’ dependence on fossil fuels and increase our dependence on fossil fuel production in the province. What? It’s true. It works like this. If… View Article

This is gonna hurt

Feb 4, 2009
Housing has been one of the major drivers of the BC economy in recent years. Low interest rates led to rising home prices and a psychology of “must get in before being locked out forever”; leading a housing bubble that had everyone in town swapping jaw dropping stories of bidding wars and outrageous prices paid…. View Article

Climate policy: contradiction #1

Feb 4, 2009
I don’t know if BC’s current approach to climate change is ironic, paradoxical, or just plain crazy, but whatever it is, it is desperately in need of revision. As it stands, existing policies virtually negate each other. It is even possible that overall, they make the problem worse. Consider BC’s contentious “carbon tax”. However meager… View Article