Yet another example of Republican President of Canada Stephen Harper and his American Republican job killing agenda of tax breaks for the wealthy and for big corporations, while mandating massive job losses and massive cuts coming on the backs of the middle class, working people, the poor and Seniors - a Bush-style economy.

Seems to me that conservatives in Canada and the US refuse to validate the legitimacy of statistics regardless of what the numbers say. In the states, all the information points to the fact that unemployment levels are in the decline, but if you tell that to a Repub, they respond by saying 'those aren't the real unemployment numbers those only refer to people still looking for work' In Canada, when unemployment is on the rise the Cons say 'but part-time jobs are being widely replaced by full time jobs so those numbers don't accurately describe the employment situation in Canada' How can you trust a government to make constructive, rationale decision when they refuse to recognize statical data as fact?

Government is not there to create jobs. It is in the Government's interest to create a strong economy. If there is confidence in the economy the parts fall into place. Lower interest rates increase spending, spending increases demand, demand increases production, higher production increases jobs. The formula is simple and unchanged. So yes it's good that the banks lowered the prime. Hopefully the public will see the benefits and the cycle will increase and jobs will be created. It is up to Harper to build confidence in the Government and therefore the economy, although having faith in this Government is easier said than done. It also requires no small investment from corporations and banks to create an atmosphere of confidence and an investment in the labor force to create the required stimulus needed for economic growth.

Stephen Putin is not disappointed at all. The silver lining he sees is probably that his masters will be happy with him for creating an ever more desperate employment market where people will be willing to settle for less money to do more work. But we will all have access to credit, right, Dear Leader?
It's the Conservative modus operandi - all over the globe.