Stephen Gordon

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Stephen Gordon

Stephen Gordon

@stephenfgordon

Economics professor at Université Laval.

Quebec City Katılım Mart 2010
671 Takip Edilen14.2K Takipçiler
Stephen Gordon
Stephen Gordon@stephenfgordon·
Don't know context, but am reminded of some American marveling that there were more snowblowers per capita in Ohio than in Quebec, and wasn't it sad how poor Quebecers are? We don't have snowblowers because we all contract out snow removal services to guys with tractors.
Porkchop Express@Porkchop_EXP

The weirdest thing about the “europoor no AC” discourse is that there is AC everywhere in Southern and Eastern Europe so this is obviously not a financial issue. It is an ideological issue in Northwestern Europe, which is admittedly even funnier.

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Stephen Gordon
Stephen Gordon@stephenfgordon·
@JackKlompas @mattgurney Write your own piece explaining why abject submission to Trump's every whim will make us all better off. I will read it with interest.
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Jack Klompas🌴🍍🖋✒️
Jack Klompas🌴🍍🖋✒️@JackKlompas·
@stephenfgordon @mattgurney Is anyone getting tired of these articles on the US, which essentially all say the same thing, except there's a new event to add to the list. I'd rather read more about how utterly fantastic Canada is doing on its own.
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Stephen Gordon
Stephen Gordon@stephenfgordon·
Anyone wonder if the AB separation referendum will be free and fair? Elections Alberta hasn't exactly been inspirong confidence lately.
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Stephen Gordon
Stephen Gordon@stephenfgordon·
Quite frankly, I'm offended that a company whose business model suggests that dunking doughnuts into coffee is acceptable practice would have the effrontery to ask for my business.
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Stephen Gordon
Stephen Gordon@stephenfgordon·
Provincial referendum questions get more and more weaselly over time. Separatists know in their heart of hearts that if they asked a clear question, they'd be crushed. So they play play stupid games with opaque multiple-choice referenda.
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Stephen Gordon
Stephen Gordon@stephenfgordon·
You can say what you want about the PQ, but at least they understand that a govt can't hold an independence referendum without first winning an mandate to do so.
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Stephen Gordon
Stephen Gordon@stephenfgordon·
Danielle Smith and the UCP have decided to replay Jacques Parizeau's lobster trap strategy: leverage a wafer-thin 'yes' vote on a weasel question into a unilateral declaration of independance. The difference is Parizeau first won an election promising a referendum.
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Stephen Gordon
Stephen Gordon@stephenfgordon·
On the one hand, this is a pleasant surprise. OTOH, the fact that it's a *surprise* is a sad commentary on the state of the current incarnation of the CPC. cbc.ca/news/politics/…
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Stephen Gordon
Stephen Gordon@stephenfgordon·
One of the nice thing about living on a quiet street is that it's an ideal place for a parent to teach their child to ride a bicycle, a sight that always warms my heart.
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Stephen Gordon
Stephen Gordon@stephenfgordon·
@AlexRMcColl @JimsonHogarth Do. The. Math. You can take away my OAS; I'll be fine. But you won't get $100 billion of extra revenues to finance increased defence spending by taking away my OAS.
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Alex McColl
Alex McColl@AlexRMcColl·
@JimsonHogarth @stephenfgordon To be fair, if we don't make any reforms, then a 64-year-old version of me will insist we ignore my TFSA when determining if my (intentionally structured) low income qualifies me for OAS welfare cheques. Anyone who thinks I should sell a tax-exempt stock just hates old people!
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Stephen Gordon
Stephen Gordon@stephenfgordon·
1) Repeal Harper's reduction of the GST 2) Repeal Trudeau's upper-middle-class tax cut
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Stephen Gordon
Stephen Gordon@stephenfgordon·
@AlexRMcColl Do the math and get back to me. My guess is that it`s generate peanuts; OAS is already taxable. (I'm 64, I`ve looked this up)
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Alex McColl
Alex McColl@AlexRMcColl·
@stephenfgordon How about smaller (or no) tax increases, but instead we bring in an asset test for OAS and clawback OAS as aggressively as we clawback the Canada Child Benefit?
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Stephen Gordon
Stephen Gordon@stephenfgordon·
RT @S_Surprenant: Let me flag this paper for people interested in monetary policy. They use newspapers to think about the effects of sentim…
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Stephen Gordon
Stephen Gordon@stephenfgordon·
From the vault, a thread explaining in gruesome detail how and why a permanent, one-time change in the carbon tax will have no permanent effect of inflation.
Stephen Gordon@stephenfgordon

Gather 'round while I explain what my distinguished colleague appears to have difficulty understanding, namely, why permanent level effects only have transitory effects on inflation and why the BoC is right to conclude the April carbon tax increase is not a driver of inflation 1/

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Stephen Gordon
Stephen Gordon@stephenfgordon·
Imposing the carbon tax caused a temporary increase in the y/y measure of inflation, with no lasting effect. Removing the carbon tax caused a temporary decrease in the y/y measure of inflation, with no lasting effect.
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Keşfet

@JackKlompas @mattgurney @MattBruenig @mattyglesias @VincentGeloso @AlexRMcColl @JimsonHogarth @elonmusk