Over on the Liberal Party’s Facebook page, the Liberal Party posted this graph:
Better yet, perhaps we should all just join the Liberal Party of Canada and worship at the feet of our new Lord and Saviour, Justin Trudeau.
Or, maybe we should, instead, fact-check the Liberals and find, to quote Paul Harvey, The Rest of the Story.
Fortunately for us, we can go and visit TradingEconomics.com and dig up the stats for unemployment rates on all of these countries; but before we do, let’s examine some of the other important details and facts about these countries, and look at the global economic situation since, oh I don’t know, 2007, perhaps? After all, more data can probably give us a better idea of the trends over time. There was also a global recession which hit in 2008/2009, so we can see the impact of that as well.
Romano Prodi was the Prime Minister between May 2006 and May 2008; affiliated with the centre-left Democratic Party.
From May 2008 – to November 2011, the centre-right Silvio Berlusconi was Italy’s Prime Minister, and he was succeeded by Mario Monti, who served as an independent until 2013, when Democrat Enrico Letta took office briefly, and was later succeeded by incumbent Matteo Renzi.
Mario Monti is responsible for implementing some emergency austerity measures in 2011, which obviously had a fairly severe impact on Italy’s economy.
The interesting features about this graph illustrate the success Italy’s centre-right coalition had in keeping the rise of unemployment steady, yet controlled. We actually see a decline in 2010 as the economy started to recover, however Italy’s financial situation was in a mess, and Mario Monti’s austerity programs didn’t provide any instant relief. Once the Democratic Party, Italy’s equivalent of Canada’s Liberal Party, returned to office, they completely failed to deal with Italy’s rise in unemployment, which continued to trend upwards, while Canada’s unemployment rate has been steadily trending downwards.
When Canada’s unemployment rate is compared to France’s, the difference between what the Justin Trudeau’s Liberal Party and the reality of the situation is even more pronounced. There’s a huge difference between France’s rate and ours. And as well, the unemployment trend in France is, once again, upwards, while Canada’s is downwards.
France’s Prime Minister was François Filion until May 2012. Somewhat coincidentally, look at the trendline of France’s unemployment rate during his tenure in office compared to afterwards. Once the Socialist Party took office in May 2012, the unemployment rate skyrocketed.
Trudeau is lying to you.
Here, we compare Canada to the United Kingdom:
Gordon Brown (Labour, a left-leaning party) was Prime Minister until May 2010. As you can see in this above graph, the UK’s unemployment rate rose at a slightly slower pace than Canada’s did at the beginning of 2008, but remained high while Canada’s began to trend back downwards. The unemployment rate in the UK finally began to drop again at the beginning of 2012, after two years of Prime Minister David Cameron’s Conservative-Liberal Democrat coalition was in office. Contrast this against the Conservative government of Stephen Harper, in, admittedly, a minority Parliament, and you can see the effectiveness of his conservative economic policy against the UK. While both rates end up at roughly the same point, I think it’s fair to say Canada’s unemployment rate shows how the conservative party’s economic policy helped more people either find or keep their jobs quicker.
Here’s Canada compared to Japan, and, once again, both are trending downwards:
And Canada vs the USA, which is, likely, the economy that will affect ours the most, and also shows how their unemployment rate and ours are trending downwards:
And, finally, Germany, which shows the same trend as everyone else:
Justin Trudeau is lying to you. If he’s willing to fudge the statistics by using short-term data to hide the long-term trend, what else is he willing to fudge?
If the Liberal Party can’t be honest with us while in opposition, what makes us think they’d be honest with us in government?
Nothing at all.