Oh, Oh! Harper's Economic Fairy Tale Taking a Long Walk off a Short Pier

If the media sat down for a minute, during those lull times when they've asked their five questions and then wonder what in heck they are going to do with the rest of their day, they might take out a notebook and paper and do some cyphering ... yes, I said cyphering ... in my best Jethro Bodine.

Carry the "knot" ... "not" ... how ever he did that.

Because the Canadian economy is on life support and the posturing of Flaherty and Harper over their handling of the economy is all smoke and mirrors. I mentioned in this post that Goldman Sachs was already warning their clients not to invest in Canada. Harper put all of our eggs into the tarsands and they are coming up rotten.

Ralph Surette writes: Harper's unstable economic bubble Alberta's on a collision course and our inflated dollar is posing threat to manufacturing.

Alas, despite the huge wealth of its oil boom, the Alberta government is all but bust: deficits in the billions, schools and hospitals being cut back to pinch pennies, inadequate infrastructure, and accumulated oil money from the past being depleted to pay the bills. All this is the result of basically giving it away to oil companies -- in the middle of a resources boom!

This party has no vision. The best they can flog is to lower corporate taxes and somehow it will all go away. Voodoo economics.

The Liberals have cleaned up Conservative messes before and they'll do it again.

On May 2, vote and vote wisely.

Money, Money, Money. Flaherty's Not Funny. In His Rich Man's World

The fairy tale continues that Jim Flaherty and Stephen Harper have helped us to weather the economic storm. But if you're waiting for the usual 'happily ever after', sorry. This one will end badly.

Canada has hit the magic figure of a 55.6 billion dollar deficit. A new record. The last one was hit by our former conservative government under Brian Mulroney. So why are the Harperites still thumping their chests?

While Ottawa likes to boast about how well our economy is doing, compared with others, the reality is that we are not doing all that well. Indeed, complacency about the challenges we face is a real danger. Here are two reasons why we should be concerned: First, we are not creating the jobs we need to enable Canadians to achieve a middle-class lifestyle. While job numbers have increased, we also have to look at where those jobs are coming from, and their quality.

Second, young people today are having a truly tough time, even if they go to college or university. Too many young Canadians are having to settle for temporary or contract jobs while others cannot find jobs that match their education.

And we've seen net job losses in two of the last three months.

But Flaherty is overjoyed. And the Toronto Star asks: Flaherty’s update: Belief versus reality? They also suggest that he has his head in the sand.

But he's warning of tough times ahead. Just not for the rich as he is still determined to go through with corporate tax cuts.

"Money, money, money ... it's a rich man's world"

MAMA MIA!