The effect of Olympian Gold on Canada’s GDP

Congratulations to our Canadian Olympians and the success we have seen at these Olympics. Everywhere we see a proud country uniting in Olympic Glory. However during the Semi Final Mens hockey game, while visiting some associates, it was apparent that all computers were tuned in watching our Canadian Athletes compete against the USA for a spot in the finals with a chance of winning Gold. If everyone is watching these Olympics instead of working, how will this effect our economy. Our economic health is measured by Gross Domestic Product (GDP) output and Inflation. If the GDP increases at a faster rate then inflation, the countries standard of living will increase. But if everyone stops producing during the Olympic Games, then our GDP will decline, thus causing a reduction in Canadian standard of living.

The solution is simple, cheer on our athletes, be proud to be Canadian, but after the Olympics, we all have to increase our productivity to make up for any lost GDP during these games in Sochi.