Temporarily Unexpected

Whatever it takes to make Liberals look better.

Much of the current debate about inflation focuses on how Canada is doing relative to other countries, especially the U.S. Unfortunately, many people, including economists, are quick to simply compare the consumer price index (CPI) in the two countries. The latest readings were 7.0 per cent in the U.S. versus 4.8 per cent here, which suggests inflation is less of a problem for us. But this ignores how the CPI (and many other statistics) differ among national statistical agencies.

[…]

Statistics Canada’s excludes used car prices, which rose sharply in North America in the pandemic after a shortage of computer chips resulted in fewer new autos being produced just as demand accelerated. There is no theoretical reason to exclude used cars. Statistics Canada simply does not have the resources to survey them adequately. At the moment, used-car prices are adding over a percentage point to inflation south of the border. We almost certainly are experiencing some used-car inflation; we’re just not counting it.

There are other differences in the CPI, notably the treatment of housing, one of the largest components of prices. There is no right or wrong way to measure housing prices, which is why how it’s done has changed over time in both countries. The reasons for the difference are less important to users than the fact that there is a difference.

Natural Immunity Denied(Again)

Fox- US extends air travel COVID-19 vaccine mandate for international visitors

TSA- Requirements for Proof of Being Fully Vaccinated Against COVID-19

The foreign air carrier must require that each Covered Individual, prior to boarding a flight to the United States, and consistent with the CDC Order and Technical Instructions, has:

1. Presented paper or digital documentation of Proof of Being Fully Vaccinated Against COVID-19, consistent with the CDC Order and Technical Instructions, that includes personal identifiers (e.g., name and date of birth) that match the personal identifiers on the passenger’s passport or other travel documents;

The new order will expire April 23, 2023 unless of course it gets extended again.

Ban All The Things

Bloomberg;

A federal agency says a ban on gas stoves is on the table amid rising concern about harmful indoor air pollutants emitted by the appliances. 

The US Consumer Product Safety Commission plans to take action to address the pollution, which can cause health and respiratory problems. 

“This is a hidden hazard,” Richard Trumka Jr., an agency commissioner, said in an interview. “Any option is on the table. Products that can’t be made safe can be banned.” 

Harm Reduction Gets Results!

More needles, more injection sites, more overdoses.

Saskatchewan has seen another record number of lives lost to fatal drug overdoses in 2022, according to preliminary data reported in January.

Saskatchewan Coroner’s Service estimates that there were 421 confirmed and suspected drug toxicity deaths in 2022, an increase from the now-confirmed record-setting 410 deaths in 2021.

It’s almost as though the culture of enablement isn’t working.

NAME THE JUDGES

Yet another story about an innocent person shot by gunman on bail, without the judge who did so being identified.

Not even 24 hours after burying OPP Const. Greg Pierzchala, who was allegedly shot by a man who had skipped bail on gun charges, a major crime incident occurred in London on Thursday that saw a man in a retail store shot in the chest and his female co-worker hit in the head with a blunt object that sources say was a hammer.

Both victims are in hospital in critical condition.

Another: 22-year-old man arrested for attempted murder while already on release for a separate attempted murder and firearms offences.

It’s Monday On Turtle Island

Today In Islam:  Muslim outreach in Wakanda.  Another case of mental illness? Muslim man attacks solar plant.  And diversity in Canada.

Woke Britain:  Ditching a useless electric car.

Great Reset News:  Getting ready for Davos 2023.

Biden’s America:  El Paso bulldozes encampments.  The Hillary Clinton college gig.  King of hate media.  Your morning meme.

Trudeau’s Canada:  Don’t expect an election this year.  The RCMP museum must embrace a woke agenda to get money from Justin.  Climate Justin has burned jet fuel back to Ottawa. Today Dear Leader and his wife burn jet fuel to Mexico. There Trudeau will meet with Dementia Joe, to discuss things like global warming.  While the prime minister was vacationing in Jamaica, 2400 veterans were homeless.  The bought and paid for media.  And your basic dictatorship.

China Virus News:  The Fauci family.

Temporarily Unexpected

Goldman Sachs Group Inc. is embarking on one of its biggest round of job cuts ever as it locks in on a plan to eliminate about 3,200 positions this week, with the bank’s leadership going deeper than rivals to shed jobs.

The firm is expected to start the process mid-week and the total number of people affected will not exceed 3,200, according to a person with knowledge of the matter. More than a third of those will likely be from within its core trading and banking units, indicating the broad nature of the cuts. The firm is also poised to unveil financials tied to a new unit that houses its credit card and installment-lending business, which will record more than $2 billion in pretax losses, the people said, asking not to be identified discussing private information.

A spokesperson for the New York-based company declined to comment. The cuts in its investment bank are elevated by the inclusion of the non front-office roles that were added to divisional headcount in recent years. The bank still has plans to continue hiring, including inducting the regular analyst class later this year

@PeterSchiff – #Gold is strong again tonight, hitting a new 7-month high. The dollar is also trading lower against other currencies. This is likely the beginning of a huge run, as markets start pricing in the reality the U.S. #inflation rate won’t return to 2% for the remainder of this decade.

Spot the Fallacies

As an intellectual exercise for a Sunday afternoon, try listing all the fallacies contained in this random Facebook post pertaining to pandemic policy. There could be enough to fill a small library. Whoever this person is, she’s not alone in promoting the fallacy that consensus is the measure of truth, and that dominant paradigms are only ever opposed by “a couple of discredited doctors” anyway.

The inevitable result of a philosophy that enshrines intellectual helplessness is a society in which nearly everyone unthinkingly accepts the ideas of the dominant authority figures no matter where they lead.

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