Ashton Deroy Writes: Okay no one looking at Political News ever should be like, “Doug Ford is right about the economy in Hamilton. It is the fault of Socialists & Liberals that the economy had once declined.” Hamilton is one of those lucky cities that has had the Federal government promoting investment in Hamilton as well as the Provincial government. Lucky them, really. For all you Conservatives that don’t understand the economics you preach to us lefties about, please remember Aggregate Demand or AD measures the output of the economy.
To calculate AD you need to look at, C + I + G (X-M) Meaning economies are determined by Consumer spending, Investment, Government spending. Then you also add the result of subtracting your Imports from the value of your Exports. There if you dropped out of college you, you got a taste of economics. One of the factors involved in that formula is government spending, which plays a massive role in Canada’s Economy. With the Provincial and Federal government both investing time & resources in that section of the economy, it actually makes a lot of sense that the economic output would increase. This proves even more how I am like a Socialist because economics is a Social Science & Socialists use a mix of Social Sciences & Philosophy to make up our executions.
The reason I am talking economics before the main topic is because there is a wrong perception Socialists don’t even have a basic understanding of Economics. Socialism is the system that builds on top of Capitalism, not in spite of it. If you are a radical Socialist know that I do not share your views of eliminating a system of cash, capital and trading labor for cash. Now let us talk about why I call myself a Socialist. It has to do with my usual wage status, the point of my life that I have been stuck at & the rise of food + housing insecurity.
“Announcement, a cousin of mine committed suicide. Hung himself in a barn.”Ashton Deroy.
I had not even considered Socialism an identity option until I heard Doug Ford complaining about it on mainstream news. As you can see from the article above that is something he still does as a part of his parliament strategy. My usual wage status, “SURPRISE!” is around minimum wage. That makes sense because minimum wage makes up 44% of jobs in Ontario, I think the more data you add the more that stat grows. So I can’t exactly work my way to prosperity. Most jobs actually put me at quite a bit of a disadvantage. When did working become a way of sustained poverty for the majority? So I did the math from an economic standpoint. Wouldn’t it make more sense to operate a more honest economy? What do I mean? I mean heightening minimum wage & eliminating jobs that sustain poverty actually. It would be a painful transition but it would turn labor in to a sensible lifestyle. The average household income is going down at alarming levels, while household debt has gone up dramatically as well. That is the cause of a lot of inflation. If we take a bit of bitter pain, we can make more sense of the economy.
Getting stuck, was never how I thought my twenties would be. Yet here it is. With my level of student debt, it is going to be a long time before I think about leveraging the kind of debt you would for a home, a car & etc. It just is not in the near future. Maybe, if we look at making existing student loans more favorable we could heighten consumer spending though? I am certainly not the only one stuck at this point. Bad news to, if my generation continues to live stuck with nowhere to go… We won’t pay enough consumption taxes or buy enough products to make sustain our economy. We are already seeing the leave of automotive manufacturing as more people continue to rely on transit & in my neighborhood walking everywhere.
The last point is the rise of housing & food insecurity. It has to be dealt with. These things are how you create an uneasy society with mass suicides, violence & distrust of government . Canadian society has an issue of heightened crime, homelessness & drug use! In Toronto that heightened crime often actually looks like poor people directing crimes towards wealthier people. I am referring to crimes like the shooting at Yorkdale mall in 2018. When you have nothing to lose? That is the best time to commit an insane crime! The scars of poverty are for life. So instead of spreading fear lets create changes that make us less uneasy. I think what I have stated proves that I call myself a Socialist somewhat out necessity. Society needs to smarten up and put quality lives over soaring profits or we can start to see a society that eventually looks just as uneasy as places like Hong Kong & Chile.
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