Meanwhile, in Canada....

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    Jul 18, 2012 2:04 PM GMT


    The articles brag, which is a little embarrassing, but I posted this to point out there are possibilities that work other than the intense polarization in the US, and the lop-sided acidity I see on these topics.

    http://www.theglobeandmail.com/commentary/canadians-are-richer-than-they-think/article4380634/


    According to another article (which I foolishly didn't bookmark) on Yahoo news, we are known as being a country running on fiscally conservative socialism, and I rather like this term.

    Now before some of you start screaming about commies, I ask that you think carefully about the term and what it entails.
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    Jul 18, 2012 2:18 PM GMT
    meninlove said

    The articles brag, which is a little embarrassing, but I posted this to point out there are possibilities that work other than the intense polarization in the US, and the lop-sided acidity I see on these topics.

    http://www.theglobeandmail.com/commentary/canadians-are-richer-than-they-think/article4380634/


    According to another article (which I foolishly didn't bookmark) on Yahoo news, we are known as being a country running on fiscally conservative socialism, and I rather like this term.

    Now before some of you start screaming about commies, I ask that you think carefully about the term and what it entails.


    If Canada is fiscally conservative socialism then that makes the US fiscally liberal socialism? While you have public healthcare (which as noted, is ripping at the seams), the US now spends more as a percentage of GDP than Canada does - ie Government is bigger in the US than it is in Canada.
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    Jul 18, 2012 2:19 PM GMT
    Canadian Entrepreneurs and Business Folks have learned to work together.

    Call it "fiscally conservative socialism" or simply an acceptance that

    WE ARE STRONGER AS INDIVIDUALS IN A SOCIETY AND INFRASTRUCTURE THAT ISN'T COLLAPSING AROUND US.

    Most Americans, even most of the wealthy ones, know this too.

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    Jul 18, 2012 2:23 PM GMT

    Whatever, riddler, we all know your schtick.

    Key word in Balancing post :SOCIETY, and what kind of society it is. Keyword there in my sentence:

    KIND. We are a compassionate society.
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    Jul 18, 2012 2:57 PM GMT
    Of course, you own more real estate. Who the fuck wants tundra, glacier-front property, and acreage littered with dead baby seals!!!

    But seriously, the US is being grossly mismanaged. Fortunately, it looks like the bad business practices and bad govt are beginning to bite them in the ass. So maybe they will straighten up.
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    Jul 18, 2012 3:12 PM GMT
    Caslon20000 saidOf course, you own more real estate. Who the fuck wants tundra, glacier-front property, and acreage littered with dead baby seals!!!

    But seriously, the US is being grossly mismanaged. Fortunately, it looks like the bad business practices and bad govt are beginning to bite them in the ass. So maybe they will straighten up.


    You're quite right. Changing out the ice sheet window panes every spring to glass ones and then back to ice ones you have to buy from Igloos R Us every fall is a hassle.
    Not to mention having to chew on all those animal skins to soften 'em up for a pair of manties is also a hassle. icon_lol.gif

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    Jul 18, 2012 3:22 PM GMT
    meninlove said
    Caslon20000 saidOf course, you own more real estate. Who the fuck wants tundra, glacier-front property, and acreage littered with dead baby seals!!!

    But seriously, the US is being grossly mismanaged. Fortunately, it looks like the bad business practices and bad govt are beginning to bite them in the ass. So maybe they will straighten up.


    You're quite right. Changing out the ice sheet window panes every spring to glass ones and then back to ice ones you have to buy from Igloos R Us every fall is a hassle.
    Not to mention having to chew on all those animal skins to soften 'em up for a pair of manties is also a hassle. icon_lol.gif



    only puzzies need clothes. we tough, go nekkid in winter. If no shrinkage, you marry.
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    Jul 18, 2012 3:35 PM GMT

    UC said, "only puzzies need clothes. we tough, go nekkid in winter. If no shrinkage, you marry."

    icon_lol.gif
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    Jul 18, 2012 6:40 PM GMT
    meninlove said
    Whatever, riddler, we all know your schtick.

    Key word in Balancing post :SOCIETY, and what kind of society it is. Keyword there in my sentence:

    KIND. We are a compassionate society.


    My schtick? As opposed to yours that is more interested in labels than substance? It's remarkable how much you seem to enjoy being proven wrong icon_wink.gif
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    Jul 18, 2012 8:52 PM GMT
    riddler78 said
    meninlove said
    Whatever, riddler, we all know your schtick.

    Key word in Balancing post :SOCIETY, and what kind of society it is. Keyword there in my sentence:

    KIND. We are a compassionate society.


    My schtick?
    Yeah your schtick.icon_rolleyes.gificon_rolleyes.gif
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    Jul 18, 2012 9:25 PM GMT
    Heavens to Murgatroid icon_rolleyes.gif
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    Jul 19, 2012 1:08 AM GMT
    Riddler said, " While you have public healthcare .."

    Wait...shouldn't that be ,"While we have public healthcare.." or are you not Canadian?

    intrigued...
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    Jul 19, 2012 3:31 AM GMT
    meninlove said Riddler said, " While you have public healthcare .."

    Wait...shouldn't that be ,"While we have public healthcare.." or are you not Canadian?

    intrigued...


    You in the general sense - and yes, I am Canadian. Again, I note that despite the fact that Canada has public healthcare it still spends LESS than the US does as a percentage of GDP. Your interest in labels over substance is telling of your "schtick"
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    Jul 19, 2012 3:48 AM GMT
    lol, good grief Riddler, I was just asking, hence the 'intrigued' at the end of my post.



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    Jul 20, 2012 4:24 PM GMT
    http://www.huffingtonpost.ca/2012/07/19/canadians-richer-than-americans_n_1683800.html?utm_hp_ref=canada



    "Canadians woke up to the news this week that we are richer than our American cousins. Rounds of back-slapping and boasting followed, naturally, but before you break out the bubbly, allow me to twist around a slogan from a certain well-known bank: You're not as rich as you think.

    Scratch the surface of the data a little bit, and what looks like the True North's new-found economic dominance may be little more than an illusion.

    Yet this illusion could stick. Reporting in Bloomberg on data showing Canadians' net worth is now higher than Americans', author Stephen Marche created an instant meme by describing Canada's economic system as "hardheaded socialism."

    “Since the 1990s, Canada has pursued a hardheaded (even ruthless), fiscally conservative form of socialism,” Marche wrote, referring to the fiscal reforms put in place by the Liberal finance minister of the time, Paul Martin, whom he credits with triggering Canada's relative economic success.

    Marche describes Canada as a place that has managed to balance the priorities of the welfare state with the priorities of business, creating a fiscally responsible social safety net and a business-friendly environment (the most business-friendly environment, actually, according to Forbes).

    Marche was reporting on an Environics study, published by The Globe and Mail last month, showing that the average net worth of Canadian families (assets minus debt) is $363,202, compared to $319,970 for U.S. households.

    That $40,000 difference has caused some commentators to gloat -- and others to fret that Canadian conservatism is dying a slow death in the face of Canada’s “socialist” success.


    But there are a few problems with this victory-of-socialism argument. The first is that the economic policies of recent decades have seen a significant deterioration in Canada’s welfare state, as well as a reduction in union membership and a spike in income inequality. Canadian socialism, hard-headed or otherwise, is playing a smaller role in policy than it has in decades.

    The second is that the very assertion that Canadians are richer than Americans is on shaky ground.

    The Environics study measures average net worth of households, which is calculated by taking households’ assets and subtracting their debt from the total. Since the largest asset that most families own, by far, is their home, average household net worth is as much a measure of house values as it is of actual wealth.

    The Globe said as much when it originally reported on the data in late June.

    “Has Canada experienced a sudden surge of productivity or entrepreneurial genius? Not exactly,” Michael Adams wrote in the Globe. “Our resource sector is certainly firing on all cylinders, but the biggest reasons for Canadians’ deep pockets relative to Americans’ in recent years are the related phenomena of the 2008 economic crisis and the collapse of the U.S. housing market. Because house prices in the U.S. have plunged, the real estate held by Canadians is now much more valuable than that held by Americans (worth over $140,000 more on average).”

    This is little more than wealth on paper. And it may not last long, even on paper. Vancouver home sales and prices are plummeting and the Toronto market is under heavy pressure. Meanwhile, evidence is mounting that the U.S. housing market, after five nightmarish years, is finally beginning to bounce back. Canadians could see themselves back at wealth parity (or worse) with Americans, and nothing about the nature of Canada’s economy or society would have changed (except for some unhappy homeowners.)

    A better -- though by no means perfect -- indicator of whether Canadians are actually wealthier than Americans is GDP. On that front, there is some good news. As the Huffington Post Canada reported late last year, the IMF projected Canada would -- likely for the first time ever -- have a higher per capita gross domestic product than the U.S. for 2011 -- $51,147 per person in Canada, compared to $48,147 in the United States.

    Though we can’t say for certain that a higher per capita GDP means Canadians are wealthier than Americans (how that money is distributed through the economy makes a difference), it’s a pretty good bet that Canadians are at least catching up with Americans.

    The Wall Street Journal attributed that success to the energy industry, in an analysis that argued Canada is evidence an economy doesn’t need to be more productive -- so long as it has oil in the ground.

    “With so much of the economy based on trade, Canada can transform its stock of assets -- in this case, natural resources that the emerging world wants -- into goods and services it wants to consume by exchanging them with other nations,” the WSJ's Paul Vieira reported, adding that Canada has benefited greatly from the run-up in commodities prices in recent years.

    In other words, we aren’t producing that much more; we’re simply getting more money for what we’re producing.

    None of which sounds like a stable basis for future wealth -- or for gloating about how much better we’re doing than our southern neighbours.

    But in an age of global economic instability, when other countries are decimating their social safety systems and some economies are literally crumbling into nothingness, it’s probably not a good idea to look a gift horse in the mouth. Let’s count this up as a victory for Canada -- so long as we’re not under any illusions as to what that victory is worth."

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    Jul 20, 2012 9:18 PM GMT
    riddler78 said...and yes, I am Canadian...

    Then why, for heaven's sake, are you so obsessed with the US...in the negative?

    Why not Canadian politics?

    What's so fucking fascinating down here?

    Jesus! icon_rolleyes.gif
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    Jul 20, 2012 9:25 PM GMT
    Of course, maybe if Canada and the rest of the world paid for their own fucking defense all these years....

    nobodyfearscanada.jpg
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    Jul 20, 2012 10:35 PM GMT
    Welcome back, MIL
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    Jul 20, 2012 10:49 PM GMT
    Caslon20000 said
    riddler78 said...and yes, I am Canadian...

    Then why, for heaven's sake, are you so obsessed with the US...in the negative?

    Why not Canadian politics?

    What's so fucking fascinating down here?

    Jesus! icon_rolleyes.gif


    well up here our scandals are about spending; You guys have a congresswoman denouncing state departmnt officials as Muslim infiltrators, other congressmen berating the first congresswoman.

    Our pundits talk about polls while you guys have hilarious stuff coming out of the right wing mouthpieces every day.


    Which would you watch: grass growing or a slapstick comedy?
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