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

  1. #61
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    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by mak2 View Post
    You cant handle the truth.
    You need me on that wall!

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

    Quote Originally Posted by Travis007 View Post
    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.
    So all Obama needs to do is create a new housing bubble to make the US econoy seem strong through the people taking on mortgage debt they can not afford, on homes that are not worth what they paid

    Which means the next president will face an even bigger economic crisis then what Obama did. Great idea.

    Property bubbles do not produce a healthy economy, and can take years if not decades to work through. Look at Japan and Ireland for the most extreme modern examples of economies that have had large property bubbles, and both are still working to recover from them. Japan for more then 10 years, generally because they did not want to see the severe downturn that should have occurrred. Ireland is in trouble because it decided to pay the bank debts of foreign banks instead of letting them fail
    Happy Hanukkah Cheerfull Kwanzaa
    Happy Christmas Merry New Year Festivus for the rest of us

  3. #63
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    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by Lord Tammerlain View Post
    So all Obama needs to do is create a new housing bubble to make the US econoy seem strong through the people taking on mortgage debt they can not afford, on homes that are not worth what they paid

    Which means the next president will face an even bigger economic crisis then what Obama did. Great idea.

    Property bubbles do not produce a healthy economy, and can take years if not decades to work through. Look at Japan and Ireland for the most extreme modern examples of economies that have had large property bubbles, and both are still working to recover from them. Japan for more then 10 years, generally because they did not want to see the severe downturn that should have occurrred. Ireland is in trouble because it decided to pay the bank debts of foreign banks instead of letting them fail
    You forgot 9/11, the bursting of the dot.com bubble, and the global economic implosion outside the U.S.

    That, and the Democratic racially-charged threats that led to mortgage crisis.

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

    Quote Originally Posted by Lord Tammerlain View Post
    So all Obama needs to do is create a new housing bubble to make the US econoy seem strong through the people taking on mortgage debt they can not afford, on homes that are not worth what they paid

    Which means the next president will face an even bigger economic crisis then what Obama did. Great idea.

    Property bubbles do not produce a healthy economy, and can take years if not decades to work through. Look at Japan and Ireland for the most extreme modern examples of economies that have had large property bubbles, and both are still working to recover from them. Japan for more then 10 years, generally because they did not want to see the severe downturn that should have occurrred. Ireland is in trouble because it decided to pay the bank debts of foreign banks instead of letting them fail
    You do know it was Clinton and Freddy that created the housing bubble..

    is your point that people now are to poor to pay a mortgage?.. the issue was people bought houses they couldnt afford..

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

    Quote Originally Posted by Erod View Post
    You forgot 9/11, the bursting of the dot.com bubble, and the global economic implosion outside the U.S.

    That, and the Democratic racially-charged threats that led to mortgage crisis.
    yup... Franklin Raines..

  6. #66
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    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by Fearandloathing View Post
    Income inequality IS the issue, eh?

    Second overall. I'll brag on that friend..

    Consider this:
    Canada is the second largest land mass in the world.
    It has the largest Arctic Coastline in the world.
    Weather conditions like Russia
    Ten percent of the US population.
    Canada is one of the most sparsely populated nations on earth, with more than double the energy needs of the US.
    Canada is an agriculture/resource economy.
    Canada, by national mandate, has advanced universal health care AND income redistribution since the 1930's...

    And we're second in the world......it no longer matters that we're ahead of the 'greatest nation on earth" your only solace is that we're not first.

    OK....so while many Americans go looking for a second job, we Cheese heads will simply light up a joint, and go to a hockey game...

    And, not to rub it in, but little Canada is the world champion hockey team with Men's and Women's Olympic gold medals in the last three Olympics.
    What the hell are you talking about? I am Canadian.

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

    Quote Originally Posted by Grant View Post
    Or know enough to elect genuine Conservatives.
    We elected the equivalent of Democrats for the most part, we also had a Liberal government in there as well.

  8. #68
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    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by Erod View Post
    This is what socialism does.

    It makes you one big, monochromatic, blob of mediocrity. I mean, who wants to be as nondescript and irrelevant as Canada?

    And when you bottom-feed and race-bait like Obama's ilk does, you create a non-performing, unmotivated, equally poor society of time wasters.
    Highest middle class income on the planet is a "blob of mediocrity" :

    If they're mediocre, what are we?
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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

    Quote Originally Posted by fmw View Post
    If you want to have a wealthier middle class, you need to solve the unemployment problem. To solve the unemployment problem you need to create an environment in which business is swimming downstream instead of upstream.
    Like canada did!
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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

    Quote Originally Posted by Deuce View Post
    Like canada did!
    Like the U.S. has done in the past. It isn't rocket science.

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