Page 4 of 10 FirstFirst ... 23456 ... LastLast
Results 31 to 40 of 97

Thread: Canada's Middle Class Richest In Study of Big Nations [W:77]

  1. #31
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    Today @ 09:24 AM
    Gender
    Lean
    Conservative
    Posts
    76,285

    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by Carjosse View Post
    Canada has now overtaken the U.S. to become the nation with the wealthiest middle class according to this Globe article, Canada matched the U.S. in median income in 2010 and we have now surpassed the U.S. This is part due to an almost 20% growth income since 2000 while U.S. only had 0.3%, many Western European countries also saw better growth.

    According to the NYT it is: “Because the total bounty produced by the American economy has not been growing substantially faster here in recent decades than in Canada or Western Europe, most American workers are left receiving meagre raises,” the New York Times report says. “Finally, governments in Canada and Western Europe take more aggressive steps to raise the take-home pay of low- and middle-income households by redistributing income.”

    I have to say I am not surprised that the American economy stagnated income wise. Sure some individual states have seen growth but overall the U.S. is in the same place it was in 2000. You can't blame one party or president either since both the Republicans and Democrats have had power during that time.
    Thanks, Obama.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  2. #32
    Banned
    Join Date
    Apr 2012
    Location
    NJ
    Last Seen
    08-02-17 @ 02:11 PM
    Gender
    Lean
    Conservative
    Posts
    13,375

    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by Sababa View Post
    you kow manufacturing is up under President Obama and Canada has national health care....
    not even close.. I have no clue where you get your misinformation

  3. #33
    Banned
    Join Date
    Apr 2012
    Location
    NJ
    Last Seen
    08-02-17 @ 02:11 PM
    Gender
    Lean
    Conservative
    Posts
    13,375

    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by PeteEU View Post
    If you think government spending cuts would alone save the US then you are insane. As I said there are many more factors that are holding the US back, and that Canada does not have or has to a less degree.

    Take political deadlock. The US has had it for a decade... Canada, while their politics can be fun to watch, it does have the ability to get things done when needed, something the US political establishment sorely lacks.

    Or take healthcare. Yes Canada pays higher taxes (not by much on paper), but it also gets a system where the threat of economic doom is all but gone. Not so in the US for large parts of the middle class. Get sick, have the wrong insurance policy and you are screwed. And then there is the overall cost of healthcare... much higher in the US vs Canada, because in the US it is the healthcare industry that sets the prices due to lax regulation, which means the US healthcare provider can run amok price wise.

    Fact is Canada has higher taxes, more regulation and so on than the US, but preforms on average better when looking at the middle class. Why is that? Look at the income inequality numbers... that might explain some of it and then look at the lopsided tax system the US has, where the rich have a smaller burden than the middle class.

    And then of course there is the whole spending far more than you earn for decades and starting wars that are unfunded.

    You have not even a whiff of a clue... your post is so far off

  4. #34
    Sage
    mak2's Avatar
    Join Date
    Jul 2012
    Location
    Indiana
    Last Seen
    07-08-16 @ 01:58 AM
    Gender
    Lean
    Undisclosed
    Posts
    12,050

    Re: Canada's Middle Class Richest In Study of Big Nations

    Hey, I am watching Faux right now about this. You know what they are saying to help the US middle class, quit taxing the rich. I am stunned. Per words of Charlie Gasparino it has been going on for 20 years but is it Obama's fault, it aint Bush's economy. It is funny, all Obamahate, all the time.
    God Bless the Marine Corps.

  5. #35
    Banned
    Join Date
    Apr 2012
    Location
    NJ
    Last Seen
    08-02-17 @ 02:11 PM
    Gender
    Lean
    Conservative
    Posts
    13,375

    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by Carjosse View Post
    Not when it stagnates at the top. That is one of the things the article is about.
    why is stagnatiing at the top?.. due to taxes and Obamacare and the green agenda.. what part is confusing to you?

  6. #36
    Banned
    Join Date
    Apr 2012
    Location
    NJ
    Last Seen
    08-02-17 @ 02:11 PM
    Gender
    Lean
    Conservative
    Posts
    13,375

    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by Objective Voice View Post
    The hate on top of the ignorance.



    As the chart above shows, the median income in the U.S. has remained between $54K and $55.6K for nearly a decade, and in 2009 right after the housing bubble incomes took a nose-dive. Furtheremore, the 2013 marginal tax rates for the upper crust is only 39.6% for earners starting at $425,000. Not only has the income level increased by $154K since 2011, the tax rate only increased by 4.4% from a previous rate of 35%. Compare that to middle-class earnings between $35K-$250 and you'll see things differently...that is IF you can shed those partisan/hate-filled blinders and look at the facts. Here...let me help you.

    This chart from the Liberty Tax Services* shows that a single wage earner making between $34,500-$83,600 paid up to $4,750 (25%) in federal income taxes for 2011. For 2013, a wage earner making the minimum $34,500 pays $4,733 - a mere savings of $17. Big freaking whoop!

    Fact is, wages have remained flat in the U.S. for a very long time.

    *The only reason I used the Liberty Tax Services chart is because I couldn't find one for tax year 2011 at IRS.gov.
    do you know how to read a chart and what year Pelosi and Reid took over?... its like you dont even know how to read a chart or what variables are involved...

  7. #37
    Sit Nomine Digna
    Carjosse's Avatar
    Join Date
    Jul 2012
    Location
    Montreal, QC, Canada
    Last Seen
    Today @ 01:36 AM
    Gender
    Lean
    Liberal
    Posts
    11,190

    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by Travis007 View Post
    why is stagnatiing at the top?.. due to taxes and Obamacare and the green agenda.. what part is confusing to you?
    It is the exact opposite, if you invested in universal healthcare and actually invested in the middle and lower classes you would not have this problem.

  8. #38
    Banned
    Join Date
    Apr 2012
    Location
    NJ
    Last Seen
    08-02-17 @ 02:11 PM
    Gender
    Lean
    Conservative
    Posts
    13,375

    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by Carjosse View Post
    It is the exact opposite, if you invested in universal healthcare and actually invested in the middle and lower classes you would not have this problem.
    you have no a clue.... so forcing people to buy a product they dont want and at a more expensive price increases wealth and job creation...

    are we on mars?
    Last edited by Travis007; 04-23-14 at 12:35 PM.

  9. #39
    Banned
    Join Date
    Apr 2012
    Location
    NJ
    Last Seen
    08-02-17 @ 02:11 PM
    Gender
    Lean
    Conservative
    Posts
    13,375

    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by Carjosse View Post
    It is the exact opposite, if you invested in universal healthcare and actually invested in the middle and lower classes you would not have this problem.
    if the exact opposiste was true we would have explossive growth in the middle class...

    really... what are you talking about?

  10. #40
    Banned
    Join Date
    Apr 2012
    Location
    NJ
    Last Seen
    08-02-17 @ 02:11 PM
    Gender
    Lean
    Conservative
    Posts
    13,375

    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by mak2 View Post
    Hey, I am watching Faux right now about this. You know what they are saying to help the US middle class, quit taxing the rich. I am stunned. Per words of Charlie Gasparino it has been going on for 20 years but is it Obama's fault, it aint Bush's economy. It is funny, all Obamahate, all the time.
    If Obama was as smart as GWB and had half of GWBs love for the USA and if Obama coudl create an economy as robust as GWB did after the biggest terror attack in US history .. Obama would be way ahead of the disaster that we have now.. and its a disaster.

Page 4 of 10 FirstFirst ... 23456 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •