WhyNot

Economist | Questioning Canada’s Public Policy through a Free Market Lens

[WhyNot @WhyNotBeDirect]

155 Years of U.S. vs. Canada Economic Growth: The Historic Widening Gap

1️⃣ From 1870-2006, both grew at exactly
2% annually.
2️⃣ U.S. income per capita stayed ~18% higher throughout.
3️⃣ Since 2006, the gap in income per capita widened-hitting a 43% high in 2024, the largest in 155 years!

Why is the gap widening?
Why isn’t Canada growing at its historical 2%?
Is this a temporary divergence or a long-term decoupling from the U.S. economy?

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Data Source: Global Macro Database https://t.co/mHIdGsPako
Code in my GitHub: https://t.co/SomTIl9EGu

Thanks for GMD! Amazing database!
@KarstenMueIIer @chenzix

#CanadaEconomy
#CanadaVsUS
#EconomicGrowth

[Bill Ackman @BillAckman]

.@Harvard after 12,000 Iranian protesters assassinated.

[WhyNot @WhyNotBeDirect]

@ojblanchard1 ZERO!
Let that guy pay only consumption taxes

[WhyNot @WhyNotBeDirect]

@PierrePoilievre @grok is it true that 1/2 of Canadians are now on the brink of bankruptcy?

[WhyNot @WhyNotBeDirect]

@acoyne Doesn’t it matter why there’s capital outflow to the U.S.? Is it because we’re doubling our net exports to the U.S. and investing the USD surplus there — or because businesses and individuals are finding ways out of an over-regulated, hard-to-do-business country?

[WhyNot @WhyNotBeDirect]

@Dave_Eby Shame on you for holding British Columbians, like myself, hostage to build the kind of economy you and the radical left want. Stop imposing your ideology at the expense of real opportunity and jobs!

[Danielle Smith @ABDanielleSmith]

Canada has become economically weak and vulnerable to the whims of our largest export market…and Ottawa continues to dither.

Parliament could do 3 things today that would immediately turn our economy around, create hundreds of thousands of jobs and generate trillions in wealth for Canadians without spending a single tax dollar:

1️⃣ Scrap Oil and Gas Production Cap
2️⃣ Overhaul “No New Pipelines” Law
3️⃣ Eliminate Tanker Ban

The national economic self-sabotage has to stop. Canadians deserve leaders in Ottawa with the courage to unleash our full potential, restore prosperity, and make our country strong again.

We can do this!

[WhyNot @WhyNotBeDirect]

@elonmusk @realDonaldTrump Please keep criticizing BAD economic policies— Tariffs, more gov spending, etc
And keep sharing quotes from Milton Friedman!
We people need a strong voice against the government!

[WhyNot @WhyNotBeDirect]

@cb_doge Keep fighting the government to lower the DEBT to GDP!

[Rand Paul @RandPaul]

The path toward a stronger and richer America is clear: we must cut taxes, rein in reckless spending and end Washington’s addiction to debt. Only then can we restore economic prosperity, preserve individual freedom and ensure that the American Dream remains alive for generations to come.

https://t.co/wpqNpAyLMn

[WhyNot @WhyNotBeDirect]

@MarkJCarney @UN @antonioguterres Yes specifically on economy! You should lead the world how they can stop growing like Canada

[WhyNot @WhyNotBeDirect]

@Concern70732755 @PierrePoilievre @MarkJCarney @theJagmeetSingh Conclusion: you don’t have any non-conservative follower.
I voted CPC.

[WhyNot @WhyNotBeDirect]

@MarkJCarney Your policies are quite similar to what followed by Trudeau which results in another four years of stagnant gdp per capita

[WhyNot @WhyNotBeDirect]

@TheBlueGem3 Big mistake

https://t.co/TfzEtj1vr0

[WhyNot @WhyNotBeDirect]

For those thinking Carney offers a new economic direction from Trudeau:

1️⃣ Consumer carbon tax = Producer carbon tax
2️⃣ More gov INVESTMENT = more gov SPENDING = more inflation = one step closer to gov debt crisis
3️⃣ Keeping Bill C-69 = no new pipelines and no mining = no energy sector growth
4️⃣ “Build Homes Canada Agency” = more bureaucracy = VERY COSTLY home building strategy

SAME POLICIES, DIFFERENT FACE.

[WhyNot @WhyNotBeDirect]

For those thinking Carney offers a new economic direction from Trudeau:

1️⃣ Consumer carbon tax = Producer carbon tax
2️⃣ More gov INVESTMENT = more gov SPENDING = more inflation = one step closer to gov debt crisis
3️⃣ Keeping Bill C-69 = no new pipelines and no mining = no energy sector growth
4️⃣ “Build Homes Canada Agency” = more bureaucracy = VERY COSTLY home building strategy

SAME POLICIES, DIFFERENT FACE.

[WhyNot @WhyNotBeDirect]

Your policies are VERY similar to Trudeau’s:
- consumer carbon tax = producer carbon tax
- more gov investment = more gov spending = higher debt to gdp = higher inflation or financial crisis
- Build Home Canada Agency = more gov regulations and interventions = at best more housing supply but VERY COSTLY for tax payers
- keep bill C69 = no more pipelines and no energy sector growth

[WhyNot @WhyNotBeDirect]

@MarkJCarney Why do we need Build Home Canada as a new agency??? Housing supply is low due to lots of regulations!! Don’t socialize our economy!!!!

[WhyNot @WhyNotBeDirect]

@MarkJCarney AT BEST, your plan will increase economic growth a bit by massive increase in government spending. We people have to deal with government debt crisis through inflation or financial crisis sooner or later!! Your policies are TERRIBLE.

[WhyNot @WhyNotBeDirect]

@MarkJCarney Yes we can give ourselves a lot. But your policies which are quite similar to the policies in the last decade will kill the economy. GDP per CAPITA has been flat for a decade under similar policies.

[WhyNot @WhyNotBeDirect]

@MarkJCarney We don’t need another government agency to build homes. We need less regulation that private builders can build! Don’t socialize Canada’s economy

[WhyNot @WhyNotBeDirect]

@MarkJCarney Your plan will increase Debt to GDP which will get us closer to a sovereign debt crisis! Please don’t sugercoat it that operating expenses are bad and gov spending is good. BOTH ARE GOVERNMENT SPENDING!