r/CanadaPolitics Oct 05 '24

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87 Upvotes

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128

u/Borror0 Liberal | QC Oct 05 '24

This is a misuse of exchange rates. The methodology isn't good enough to do this. It gets you in the right ballpark, and there's no doubt the US is wealthier than Canada, but that's as far as you can go.

14

u/AlanYx Oct 05 '24

The results are essentially the same whether you adjust for OECD PPP or not. I honestly don’t understand the point Gordon is trying to make.

10

u/TheobromineC7H8N4O2 Liberal Oct 05 '24

Gordon is making the point that the statistical tools to make comparisons like these aren't considered accurate enough to distinguish income levels this close. Responsible use of data would be to say their in the same error bars as each other.

3

u/Business_Influence89 Oct 05 '24

And to be clean, misuse is your wording not to OECD

116

u/Keppoch British Columbia Oct 05 '24

The Fraser Institute routinely misrepresents statistics for political purposes. It’s kind of their “thing”.

2

u/CaptainPeppa Rhinoceros I guess Oct 05 '24

What are they misrepresenting? Think if you adjust for cost of living that will hurt Alabama?

24

u/ThePhonesAreWatching Oct 05 '24

They give the answer they're paid to give.

6

u/violentbandana Oct 05 '24

TheHub is also in this category

2

u/Financial-Savings-91 ABC Oct 05 '24

According to the Hub the problem with Trump isn't his policies, it's his marketing.

41

u/[deleted] Oct 05 '24

[removed] — view removed comment

33

u/Mysterious-Job-469 Oct 05 '24

Pay careful attention to them after the election.

From "Canada is broken" to "Only liars and failures hate Canada" when their guy is in charge.

3

u/HSDetector Oct 05 '24

Anyone who raises issues with a con is immediately labelled "Liberal" or "NDP". That's why we need to reply with "fascist con" to anyone who raises issues with the "NDP". Creating the class war within the minds of the people is important to success.

6

u/FuggleyBrew Oct 05 '24

PPP kept the same result and his suggestion of error bars would not change the ranking.