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

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

    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.
    Last edited by Carjosse; 04-22-14 at 05:47 PM.

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

    Obama and the Libs can party in the street on this news...

    color me shocked... not.. this was the Obama agenda... you can only make peopel "equally poor"....

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

    You can mostly pin it on an overall methodology. The US gears its economy into creating huge rewards for a few, and few rewards for the many. This is a terrible way to make the national overall into a more prosperous place. Canada's priorities, meanwhile, don't attempt to funnel all the rewards toward an elite few (to the same extent). Of course they're doing better.
    Liberté. Égalité. Fraternité.

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

    Quote Originally Posted by Travis007 View Post
    Obama and the Libs can party in the street on this news...

    color me shocked... not.. this was the Obama agenda... you can only make peopel "equally poor"....
    You are still second overall and another reason for the reduced growth is the income inequality in the U.S. which is by far the worst of large Western nations.

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

    I am not surprised at all. We have collectively been fools, with fools for politicians, and a general populace who has become lazy and complacent.
    "God is the name by which I designate all things which cross my path violently and recklessly, all things which alter my plans and intentions, and change the course of my life, for better or for worse."
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    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by Carjosse View Post
    You are still second overall and another reason for the reduced growth is the income inequality in the U.S. which is by far the worst of large Western nations.
    The reason is Obama and the Libs... period jobs are leaving the USA in droves due to Obamas hate of the USA

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

    Quote Originally Posted by Paschendale View Post
    You can mostly pin it on an overall methodology. The US gears its economy into creating huge rewards for a few, and few rewards for the many. This is a terrible way to make the national overall into a more prosperous place. Canada's priorities, meanwhile, don't attempt to funnel all the rewards toward an elite few (to the same extent). Of course they're doing better.
    You can pin this on Lib GREEN AGENDA nonsense and manufacturing leaving the USA.., high tax rates and Obamacare... period

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

    Quote Originally Posted by Carjosse View Post
    You are still second overall and another reason for the reduced growth is the income inequality in the U.S. which is by far the worst of large Western nations.
    huh?... wealth creates jobs..the problem is our money is leaving the USA...

    MISSION ACCOMPLISHED OBAMA

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

    Quote Originally Posted by Travis007 View Post
    You can pin this on Lib GREEN AGENDA nonsense and manufacturing leaving the USA.., high tax rates and Obamacare... period
    Canada has substantially higher taxes, a much more socialized healthcare system, and better environmental protections. I don't think you really have any idea what's going on here.
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    Re: Canada's Middle Class Richest In Study of Big Nations

    Quote Originally Posted by Paschendale View Post
    Canada has substantially higher taxes, a much more socialized healthcare system, and better environmental protections. I don't think you really have any idea what's going on here.
    sure do... I dont care what Canada has or doesnt...

    we sunk to Canadas level.. next we can drop to Kenya

    The rules of Capitalism works... Obama is breaking the known ways to succeed and have upward mobility... he is creating a voting block of poor needing hand outs...that was always his plan..

    do you know whats going on?... because I sure do..
    Last edited by Travis007; 04-22-14 at 06:00 PM.

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