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Hardheaded Socialism Makes Canada Richer Than U.S.

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opednews.com Headlined to H1 7/16/12

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At www.bloomberg.com

On July 1, Canada Day, Canadians awoke to a startling, if pleasant, piece of news: For the first time in recent history, the average Canadian is richer than the average American. According to data from Environics Analytics WealthScapes published in the Globe and Mail, the net worth of the average Canadian household in 2011 was $363,202, while the average American household's net worth was $319,970. A few days later, Canada and the U.S. both released the latest job figures. Canada's unemployment rate fell, again, to 7.2 percent, and America's was a stagnant 8.2 percent. Canada continues to thrive while the U.S. struggles to find its way out of an intractable economic crisis and a political sine curve of hope and despair. The difference grows starker by the month: The Canadian system is working; the American system is not. And it's not just Canadians who are noticing...

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At www.bloomberg.com


 

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If you want real news about Canada and its ''prosp... by Ned Lud on Monday, Jul 16, 2012 at 11:22:43 AM
Canadians are Americans.   Maybe you should s... by Phil Linehan on Monday, Jul 16, 2012 at 11:22:56 AM
As in the US, Canada's top marginal income tax rat... by PCM on Monday, Jul 16, 2012 at 3:05:38 PM
Has it ever occurred to you that you know, sociali... by ryan quattro on Monday, Jul 16, 2012 at 5:48:13 PM
I know "pure socialism" hasn't had the greatest ov... by PCM on Monday, Jul 16, 2012 at 9:43:02 PM
One prime  reason why Canada is prosperous is... by Laurence Almand on Monday, Jul 16, 2012 at 5:03:59 PM