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Thread: Canadians Now Richer Than Americans

  1. #111
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    Re: For the First Time, Canadians Now Richer Than Americans. Thanks, Obama!

    Quote Originally Posted by Ikari View Post
    Dude, no. It is not all Obama's fault (note I am not saying that Obama is absolved of wrong doing. Obama is the status quo and has carried on the actions which have led us here).

    There's a necessary piece of information here that is becoming more obvious by the day. There is no difference between the Republicans and the Democrats. We MUST realize this if we wish to regain control of our Republic and return it to the Shining City on the Hill. Obama has merely continued to expand upon that which was set by precedent.

    Once again. Decades of Republocrat rule has led us to the precipice upon which we now stand. This must be understood.
    Been saying for years now. I don't see much difference between Republicans and Democrats.
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    Re: Canadians Now Richer Than Americans

    Canada is not afraid to go after it's energy resources so they are experiencing an energy boom country wide like ND is in this country. That could be happening here too but good olé obama and the Dem's have kept us off the playing field.

  3. #113
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    Re: Canadians Now Richer Than Americans

    Quote Originally Posted by samsmart View Post
    They also don't fight 3 wars at the same time that will bankrupt them.

    I would imagine it is because the Canadian military is ranked about 57th in the world and although they are the 2nd largest country. Fewer inhabitants thus smaller military.

    Not going to argue the "war" part, because a country with about 70K in the military, they wouldn't be expected to do the job America does with 1.5 Million active duty and about the same amount in Reserve military.

    Agree America shouldn't be spread all over the globe fighting wars, but we are, so what is the solution?

  4. #114
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    Re: Canadians Now Richer Than Americans

    Quote Originally Posted by sawyerloggingon View Post
    Canada is not afraid to go after it's energy resources so they are experiencing an energy boom country wide like ND is in this country. That could be happening here too but good olé obama and the Dem's have kept us off the playing field.
    Too bad they are doing it by destroying everyone and everything else to do it.

  5. #115
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    Re: Canadians Now Richer Than Americans

    Doesn't address my point. People are better off now than they have been in the past.

    All it says is that demand hasn't grown as fast. You're not denouncing that people aren't better off than they were in the past. You're just pointing out that growth isn't as quick as it has been.


    How old are you, try reading up on the Reagan tax cuts.
    We're talking about the Bush tax cuts. You want to go back to the 70% tax rate?



    The CBO has stated the tax cuts for the wealthy would have little short term effect for the economy.
    From your source:

    CBO projected that the economy would contract by 1.3 percent in the first half of 2013, which would meet the traditional definition of a recession, which is when the economy shrinks for two consecutive quarters.

    "Such a contraction in output in the first half of 2013 would probably be judged to be a recession," CBO said.

    The economy would rebound at a 2.3 percent growth rate in the second half of the year, however, under CBO projections.
    So I guess all the effects would be temporary, at least according to your source.


    They were not equal for everybody, nor were Reagan's.
    Of course not. How could they be? That doesn't change the fact that everyone one was better off for it. I'm curious why it pains you so much to admit that.
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  6. #116
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    Re: Canadians Now Richer Than Americans

    Quote Originally Posted by samsmart View Post
    It's probably because they spend more than we do on domestic social programs, such as a universal health care system, than they spend on defense.
    Not to mention tighter banking relations because the crisis was.....you know, soley about banking.

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    Re: Canadians Now Richer Than Americans

    I found this HuffPo article actually pretty interesting. "Richer than Americans? Maybe on Paper."

    Canadians Richer Than Americans? Maybe On Paper

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    Re: Canadians Now Richer Than Americans

    Quote Originally Posted by sawyerloggingon View Post

    Canada is not afraid to go after it's energy resources so they are experiencing an energy boom country wide like ND is in this country. That could be happening here too but good olé obama and the Dem's have kept us off the playing field.
    Barack Obama has said time and time again he is going to destroy America's oil and gas industry and raise our energy costs to the greatest extent possible. ... And people in this forum continue to support this fool!

    Obama admits his intentions are to skyrocket oil prices

    Last edited by James Cessna; 07-21-12 at 10:13 PM.

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    Re: Canadians Now Richer Than Americans

    Quote Originally Posted by cpwill View Post
    Also worth noting is that Canada scores higher than we do on the economic freedom index, and has been slashing their corporate income tax down to less than half of ours.




    Gosh, I wonder how they got better than they used to be.
    They also do a good job of making it attractive for rich foreigners to move there. Versus out taking in millions of unskilled to compete with our millions of unskilled workforce.

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    Re: Canadians Now Richer Than Americans

    But I don't understand this! Buncha' Socialists up there! How could they possibly compete with us?!! My head hurts.
    Sincerely,
    Conservative Karl

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