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Tuesday, March 1, 2016

He can hide but the facts don't lie.... Conservatives do

6 charts show Stephen Harper has the worst economic record of any Prime Minister since World War II


It turns out the emperor has no clothes after all.
Although Conservatives like to drone on like robots about how Stephen Harper is a "steady hand on the wheel" of the economy, that myth is increasingly hard to square with reality.
Not only does a recent poll suggest Harper's reputation as a competent manager of the economy has plummeted, a new analysis shows Harper with the worst economic record of any Canadian Prime Minister since the end of the Second World War.
The report, authored by Unifor economists Jim Stanford and Jordan Brennan, crunches the numbers on Canada's nine Prime Ministers between 1946 and today on issues relating to work, production, distribution and debt, and ranks each according to 16 economic indicators.
The results? On 13 of the 16 indicators, Harper ranks dead last or second last. In fact, Harper does not rank higher than sixth on any single indicator.
Here are six examples of what these data show:

1. Stephen Harper has steered Canada's economy to its lowest levels of growth in 69 years

With an average annual real GDP growth rate of 1.6%, under Stephen Harper's tenure the Canadian economy grew by nearly half the rate it did for his predecessors in the decade before he took office. It was nearly three times worse than Canada's growth rate during the 1950s and 1960s.
Under Harper, real GDP grew "barely enough to keep up with population growth," says Stanford. "And by early 2015, real GDP actually began shrinking." 

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