this post was submitted on 07 Aug 2026
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Perhaps the very best news for Canada's trade negotiators. Strong evidence that Trump's tariffs are harming the American economy more than the Canadian economy.

America's inflation rate is much higher than that of Canada.

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[–] ProudCanadianCitizen@lemmy.ca 1 points 5 hours ago

I am talking about a healthy economy with full time high wage jobs for those who want them, and low wage casual employment for those who want this type of employment. A functioning economy requires both, in order for everything to be affordable. If every job is high wage, then the cost of living becomes so extreme the high wage earners are actually in poverty because even with the high wage they cannot afford what they need. Inflation always balances out everything.