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Thread: Canadians Now Richer Than Americans

  1. #61
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    Re: Canadians Now Richer Than Americans

    Quote Originally Posted by AdamT View Post
    What happened to the OP? Did this thread not go as planned?
    I am quite sure he will come confidently back in with sources from various blogs or think tanks to declare intellectual victory with unexamined information (so long as it agrees with what he already believes!), per usual.

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    Re: Canadians Now Richer Than Americans

    Wait, so the Canadians, who suffer from a Socialist banking & healthcare system, are RICHER than the average American?

    that tells you something don't it.

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

    Quote Originally Posted by SouthernDemocrat View Post
    Canada is basically like one huge Vermont or Oregon, its a country that as far less religious than the United States, more socially liberal, with strong environmental regulations, much stronger banking regulations than we have, a universal health care system, progressive taxation, tougher gun laws, and the most right wing conservatives there are about where Susan Collins sits here.... So this is what the Republicans now want for America? Sign me up then.
    I'd say the above is not quite accurate. We certainly are big polluters, and our policies -- especially under our current PM, Stephen Harper-- are seriously lacking. Our current PM's agenda reeks of Neocon ideals. Unfortunately, he got a majority government because our opposing parties lacked decent leadership at the time. I just hope that Canadians will smarten up and vote him out of office next election.
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    Re: Canadians Now Richer Than Americans

    Quote Originally Posted by Catawba View Post
    What part of "Proponents of Keynesian economics and related theories often criticize tax rate cuts for the wealthy as being "trickle down," arguing tax cuts directly targeting those with less income would be more economically stimulative. Keynesians generally argue for broad fiscal policies that are directed across the entire economy, not toward one specific group." didn't you understand?


    Study: Bush Tax Cuts Favor Wealthy

    "President Bush's tax cuts since 2001 have shifted more of the tax burden from the nation's rich to middle-class families, according to a study released Friday by the Congressional Budget Office.

    The tax rate declined across all income levels — but more so in the top brackets, the report said.

    The study found that the effective tax rate for the top 1 percent of taxpayers dropped from 33 percent in 2001 to 26.7 percent this year, a decline of 19 percent. The middle 20 percent of taxpayers saw a decline of 4 percent."
    33-26.7 = 19? That's some funky math.

    Quote Originally Posted by PeteEU
    Bull**** alarm. Who claims this? Oh yea the big-pharma industry... The same industry that uses far more in marketing than they use in R&D! Sorry but it is utter bull**** and can not be backed up by any independent source.
    Who claims this? All kinds of people claim America spends more on military than anyone else.
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    Re: Canadians Now Richer Than Americans

    Quote Originally Posted by Thunder View Post
    Wait, so the Canadians, who suffer from a Socialist banking & healthcare system, are RICHER than the average American?

    that tells you something don't it.
    There's more to it than that. Mainly the fact that the US government is utter crap, and we're the only nation in the world that still acts as though the Cold War is still on like Red Dawn.
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    Re: Canadians Now Richer Than Americans

    Quote Originally Posted by Daktoria View Post
    Definitely. Canadian health care mooches like no tomorrow on American R+D. The same goes for defense.
    Which also proves that private medical research companies can still thrive in countries that have universal health care systems.
    Also, we need to legalize recreational drugs and prostitution.

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    Re: Canadians Now Richer Than Americans

    Quote Originally Posted by Lokiate View Post
    ...and we're the only nation in the world that still acts as though the Cold War is still on like Red Dawn.
    It is.

    They just renamed it to the War on Terror.

    Only this time it'll never stop. They just find another group of people to label terrorists to justify their defense contracts.
    Also, we need to legalize recreational drugs and prostitution.

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    Re: Canadians Now Richer Than Americans

    Let's see, they have the same land mass and resource distribution the US started out with, with one tenth the population. Add to that they didn't use or sell off their resources early on, so they have them to sell now, at higher price. As mentioned they are subsidized for drugs and defence.

    The only wonder here is that it took them so long to achieve this.

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

    Quote Originally Posted by Middleground View Post
    I'd say the above is not quite accurate. We certainly are big polluters, and our policies -- especially under our current PM, Stephen Harper-- are seriously lacking. Our current PM's agenda reeks of Neocon ideals. Unfortunately, he got a majority government because our opposing parties lacked decent leadership at the time. I just hope that Canadians will smarten up and vote him out of office next election.
    Well it's looking like they will it will probably end up with an NDP majority at this rate.

    Let's see, they have the same land mass and resource distribution the US started out with, with one tenth the population. Add to that they didn't use or sell off their resources early on, so they have them to sell now, at higher price. As mentioned they are subsidized for drugs and defence.

    The only wonder here is that it took them so long to achieve this.
    We didn't have the leadership but the Liberal governments finally managed to revolutionize Canada into what it is today.
    Last edited by Carjosse; 07-19-12 at 03:41 PM.

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    Re: Canadians Now Richer Than Americans

    Quote Originally Posted by Republic Now! View Post
    33-26.7 = 19? That's some funky math.
    A typo does not change the point that the wealthy received bigger tax rate cuts under the Bush tax cuts.
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