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Saturday October 10, 2020

October 17, 2020 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Saturday October 10, 2020

Canadians are rich, but this Thanksgiving, our well-being is trickier to measure

As we huddle in our homes, separated from friends and family by a pernicious virus, economics offers a measure of one thing Canadians have to be thankful for.

September 26, 2020

Gross domestic product, or GDP for short, a reckoning of things we make and services we sell, tells us Canada is a rich country in a poor world.

Depending on how you calculate it (there are subtle differences in methodology), as of last year, Canada as a whole was about as rich as Brazil or Russia.

But what makes Canadians really, really rich is that unlike Russia and Brazil, Canada’s enormous wealth is shared among a relatively small population. We have a high GDP per capita.

As you sit there this Thanksgiving weekend — grumbling about the politician or irresponsible age group to blame for trapping you in your home on this traditionally convivial holiday — it is easy to conclude that living in a rich country isn’t enough.

That is certainly the conclusion of Bryan Smale, director of the Canadian Index of Wellbeing, a project currently located at Ontario’s University of Waterloo.

October 10, 2015

As he and his team continue their efforts to find out what Canadians really care about, their research has shown that being rich — under what their system classifies as “living standards” — is only a single one of eight crucial indicators, including health, leisure and community engagement, that are most likely to make us thankful. And for many of those indicators, COVID-19 has not been kind.

“The things that are emerging as being the most significant buffers [for well-being] are the degree to which people can continue their participation in a variety of leisure activities and their perceived access to those things, both of which have been compromised right now,” Smale said.

His research shows that going out into nature or a city park can relieve a sense of social isolation, as can interacting with strangers — even at a distance.

A well-known principle called the Easterlin Paradox, discovered by a U.S. economist, shows that after a certain point — somewhere near the official Canadian poverty level — we and the countries we live in don’t get happier as we get richer.

The COVID-19 Pandemic

One thing GDP does not do is measure happiness. Despite supporting GDP, Skuterud said it has other flaws.

“The biggest problem is that it ignores the distribution of economic wealth within a population,” he said.

The Canadian Index of Wellbeing is in no position to supersede GDP and has no plans to try, but for people like Lisa Wolff, policy and research director at UNICEF Canada who uses the CIW tools, the effects of wealth distribution are obvious and inescapable. (CBC) 


 

Posted in: Canada Tagged: 2020-34, Canada, Canadians, Coronavirus, covid-19, Donald Trump, Fall, map, maps, pandemic, Thanksgiving, turkey

Saturday, February 20, 2016

February 19, 2016 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator Ð Saturday, February 20, 2016 Obama to visit Cuba: Two views As the Toronto Star has argued before, efforts by 10 successive U.S. presidents to unseat the regime in Havana have demeaned a superpower, discredited Cuban reformers and impoverished the island. By Cuban reckoning, the embargo has inflicted more than $120 billion in economic losses since Fidel Castro came to power in 1959. The U.S. severed diplomatic ties in 1961 and imposed the embargo in 1962. With every passing year the embargo became more pointlessly vindictive, as the U.S. traded briskly with Communist China, with communist regimes in Vietnam and Laos, even to a limited extent with North Korea. ItÕs a point of pride for Canadians that we played a small positive role by hosting the secret talks that led to the U.S. and Cuba breaking the ice in 2014, restoring diplomatic ties and embassies, upgrading trade and air links, and easing aspects of the boycott. Canada never endorsed or joined the boycott, taking the view that Cubans must be free to shape their own political course. Only Congress can fully lift the embargo. ThatÕs beyond this presidentÕs power. But Obama is right to make good on his promise before he leaves office. CubaÕs democrats and reformers will be cheered by this visit as they press for credible elections, independent courts and a more open economy. And the government will no longer be able to cite U.S. hostility as a pretext for Òdefending the revolutionÓ by intimidating critics and suppressing human rights. (Source: Toronto Star) http://www.thestar.com/opinion/editorials/2016/02/18/obama-visit-to-cuba-buoys-reformers-hopes-editorial.html Meanwhile, another take on the coming visit, though less earnest: Canadians who want to visit Cuba before an influx of Americans ÒruinsÓ it better move fast: President Obama is planning a visit in the next few weeks, and you can bet a lot of others will follow soon. On Tuesday Washington

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Saturday, February 20, 2016

Obama to visit Cuba: Two views

As the Toronto Star has argued before, efforts by 10 successive U.S. presidents to unseat the regime in Havana have demeaned a superpower, discredited Cuban reformers and impoverished the island. By Cuban reckoning, the embargo has inflicted more than $120 billion in economic losses since Fidel Castro came to power in 1959. The U.S. severed diplomatic ties in 1961 and imposed the embargo in 1962.

Thursday December 18, 2014With every passing year the embargo became more pointlessly vindictive, as the U.S. traded briskly with Communist China, with communist regimes in Vietnam and Laos, even to a limited extent with North Korea.

It’s a point of pride for Canadians that we played a small positive role by hosting the secret talks that led to the U.S. and Cuba breaking the ice in 2014, restoring diplomatic ties and embassies, upgrading trade and air links, and easing aspects of the boycott. Canada never endorsed or joined the boycott, taking the view that Cubans must be free to shape their own political course.

Only Congress can fully lift the embargo. That’s beyond this president’s power. But Obama is right to make good on his promise before he leaves office.

Cuba’s democrats and reformers will be cheered by this visit as they press for credible elections, independent courts and a more open economy. And the government will no longer be able to cite U.S. hostility as a pretext for “defending the revolution” by intimidating critics and suppressing human rights. (Source: Toronto Star Editorial)

Meanwhile, another take on the coming visit, though less earnest: Canadians who want to visit Cuba before an influx of Americans “ruins” it better move fast: President Obama is planning a visit in the next few weeks, and you can bet a lot of others will follow soon. On Tuesday Washington and Havana agreed to re-open commercial air traffic. And Beyoncé’s already been there. Can Havana Disney be far behind? Obama’s visit could could legitimately be termed an historic event. And he doesn’t have a lot of other foreign successes to brag about, so he might as well highlight one of the few achievements he can claim. Enjoy the rum, el presidente.(Source: National Post Editorial)


Published in the Telegram, St. John's, Newfoundland, March 1, 2016

Published in the Telegram, St. John’s, Newfoundland, March 1, 2016

 

Posted in: Canada, International, USA Tagged: all-inclusives, Barack Obama, Canada, Canadians, Cuba, culture, embargo, resorts, tourists, USA, Veradero, Winter

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Please note…

This website contains satirical commentaries of current events going back several decades. Some readers may not share this sense of humour nor the opinions expressed by the artist. To understand editorial cartoons it is important to understand their effectiveness as a counterweight to power. It is presumed readers approach satire with a broad minded foundation and healthy knowledge of objective facts of the subjects depicted.

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