Showing posts with label gross domestic product. Show all posts
Showing posts with label gross domestic product. Show all posts

Tuesday, March 17, 2009

Comparing the Abysmal Record of the NDP to now....Part one

This is the first of a series of blog posts using economic facts to compare the NDP’s performance while in power in the 1990s to the past six years of the BC Liberal government.

The growth of Gross Domestic Product (GDP) is one of the most important indicators of economic health, and shows how well our provincial economy performs in terms of jobs and investment and the likelihood of improved incomes and living standards.



Source: BC Financial and Economic Reviews

This chart compares the final seven years of the NDP and the first six full years of BC Liberal government. There is no comparison. During the NDP’s reign BC badly under-performed as our province’s s growth fell behind the national average by a whopping 25 per cent. On the other hand, since the Liberals took over, GDP growth has exceeded national growth by almost 25 per cent.

Carol James and the NDP. Wrong party. Wrong leader. Wrong time.