A Tale of Two Economies

In Canada, with their Progressive leader Justin Castro-Trudeau, the economy lost 51,600 jobs in August, the biggest drop in a decade.

Meanwhile, in the country just to the south, the U.S. economy added 201,000 jobs in August. The U.S. unemployment rate is 3.9%.  And year-over-year U.S. wage growth jumped to 2.9%. [Bureau of Labor and Statistics Link]

The Federal Register, where business rules are stored and thus serves as a proxy for regulatory activity, was 19.2 percent smaller from Inauguration Day until Aug. 16 under Trump than during the same period for Obama.https://www.cnbc.com/2018/09/07/how-trump-has-set-economic-growth-on-fire.html …

No similar statistic for the Canadian economy, but it still tells a lot about why one economy is prospering and the other is going backward.

Further evidence: As damage from Trudeau's failure spreads, Suncor Energy halts crude production expansion.

A national leader should endeavor to promote the economy, not retard it. The difference here is stark.