I work for RBC (at the commercial level) and it's quite evident that RBC is a leftist hell-hole. They will promote POCs over white people at any chance and always promote women over men at any chance. It's always trans, gay, women whatever.
The last 7 promotions in my office have all been women. My manager is a woman, my manager's manager is a woman. The other manager in the office is a woman. When she went on mat leave she was replaced by a woman. That woman got promoted and replaced by a woman. It has begun to get so bad, a couple promotions ago a woman started talking to me about how she's really upset I didn't get the promotion because I'd be great for the job and she even admitted/knew the only reason the last woman got her position was because she was a woman.
Just today, the most incompetent person in my office got a big promotion. She's a woman and the best looking woman but she's had tons of complaints against her, she relies on other people to do her work for her because she doesn't know what she's doing and is just overall incompetent. I got a few texts from men in the office who are really upset by this. I am long past due for a promotion and am considered by everyone, including the woman who just got promoted, as being the most competent in the office.
It seems being white, a man and competent is a disadvantage. I am wondering if there are large companies where being white, a man and competent could be an advantage or at the very least, not a disadvantage?
Yeah, I'm sorry to hear that. I actually thought about joining the reserves but most of the recent social justice stuff I've heard about our military has turned me off from the military completely.
Well, there's a few mix-ups here in your presentation of the problem.
You say after deficit then lucky to have job. Why did you present your logic like this? Generally speaking, deficits would actually improve employment. The reason for the reduced employment is the government's authority used to implement restrictions on commerce in society. So yes, given the federal government and provincial government shutdowns, we should be lucky to have a job; however, none of our government should have used their authority to do anything. We would have been better off completely ignoring covid-19 instead of doing anything about it.
When the black slave told his fellow slave that he was upset at the oppression and injustice caused to him by his masters, I'm sure another black slave said they were lucky to at least be slaves and have food on their table because some black people were instead killed or had worse quality of lives. This is not sound logic because the only reason the alternative is worse is because the masters make the alternative worse. In reality we are still being oppressed and simply because we have a job isn't any justification to downplay the oppression. Life isn't only about being able to put food on your table.
I don't expect much to come from the deficit. Overall, our quality of life will come down but the government and central bankers are good at spreading this reduction in quality of life among the 99.9% of the population such that most people can't compute/fathom/feel how they are actually being impacted. Make no mistake, this is a huge reduction on our society's overall standard of living but it's going to be costed over the whole society such that your average citizen is incapable of realizing it. The average person these days thinks the reason their quality of life is lower is because we aren't taxing people who are actually contributing value to society enough instead of realizing the reason their quality of life is going down is because they keep voting in measures that make themselves into slaves relying on others to produce for them instead of tearing down barriers that exist so the average person can become the producers of value themselves.
What most people ultimately want is a life that aligns with their capabilities and the marxist/leninist socialist state we've become isn't doing this. Forced equality leads to injustice and this is the biggest problem our society is facing. We're too caught up in equality that we've forgot the basic definition of justice which is getting what you deserve and right now we're oppressing people who have superior capability in order to prop up the less capable which is inherently unjust and leads to unhappiness. Equality is a worthy goal but it must be earned legitimately otherwise, it is unjust.
There's A LOT of complexities in what you just described. It's not as linear as you presented it. There's tons of factors at play here.
One thing that will work to Canada's advantage is that a lot of other countries are in a similar situation because it was a global pandemic our governments reacted to. This makes the situation relatively less worse and the likelihood of overall panic from businesses that lead to actions specific to Canada only will be mitigated.
Canada is also resource rich so it's difficult for an oil sands company or lumber company to just pack up and leave. Many businesses in Canada are tied to the wealth of these natural resources and since the resources don't move, the ancillary businesses can't just pack up and leave.
As for the impacts to inflation, well, central bankers and the government seem quite apt at controlling inflation in rich western countries for the most part. I'd suggest, we're not at the point of lack of control yet. The issue and where our standard of living comes into play is the central banks seem capable of controlling inflation but that control comes at a trade-off to reductions in economic growth and most importantly to economic opportunity. There are losers to inflation but those losers aren't your average citizens with negative net worth due to debt. The people who lose due to rises in unexpected inflation are the people with debt as an asset on their balance sheet (banks/lenders), while people who have credit card debt actually benefit from unexpected inflation because now it's really easy to payoff your debts because wages will likely go up from the inflation since inflation has no impact on real wages holding all else constant.
Having businesses fail is also not a bad thing for a society. This socialist state where we refuse to let losers fail by propping them up with government debt while refusing to allow unexpected inflation simply consolidates wealth among the class of citizens who had wealth to begin with. People without wealth need opportunities to create wealth and the less failure we allow the more crowding out of opportunities for people to create wealth we promote. What we need is simply less government and central banker control on the economy entirely and we'll all be better off for it in the long-term even if in the short-term there's some hardships we must face.