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Canadians now wealthier than Americans

Started by Barrister, July 19, 2012, 11:12:43 AM

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Valmy

Quote from: Malthus on July 19, 2012, 04:47:02 PM
People like Canadians?  ;)

I think they are one of the most beloved nationalities world wide.  It must be your charming way of saying 'about'.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

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garbon

Quote from: Malthus on July 19, 2012, 04:47:02 PM
Quote from: katmai on July 19, 2012, 04:02:53 PM
The funny thing is people only like Canadians because they were humble, modest people. Now you fucks are just as annoying as Us.

People like Canadians?  ;)

Yes. You're considered the lovable version of America.
"I've never been quite sure what the point of a eunuch is, if truth be told. It seems to me they're only men with the useful bits cut off."
I drank because I wanted to drown my sorrows, but now the damned things have learned to swim.

Jacob

Quote from: katmai on July 19, 2012, 04:02:53 PM
The funny thing is people only like Canadians because they were humble, modest people. Now you fucks are just as annoying as Us.

We still have a ways to go.

Good point, though.

crazy canuck

Quote from: katmai on July 19, 2012, 04:02:53 PM
The funny thing is people only like Canadians because they were humble, modest people. Now you fucks are just as annoying as Us.

anything you can do we can do better.


:D

Caliga

That's because you don't have all these damn blacks up there. :)
0 Ed Anger Disapproval Points

crazy canuck

Quote from: Caliga on July 19, 2012, 06:59:23 PM
That's because you don't have all these damn blacks up there. :)

More like we dont have all those damn Hicks.  The closest we come to that are Edmontonians.  And I would take an Edmontonian over a Hick any day.  Yes I just said something nice about Edmonton.  That is my quota for this decade.  Nice to get it over with early.

KRonn

Damn Canadians, we need to invade and take all they wealth and stuff! They have lots of oil, cassus belli right there! Er, no matter how trumped up.   ;)

Caliga

Quote from: crazy canuck on July 19, 2012, 08:12:10 PM
More like we dont have all those damn Hicks.  The closest we come to that are Edmontonians.  And I would take an Edmontonian over a Hick any day.  Yes I just said something nice about Edmonton.  That is my quota for this decade.  Nice to get it over with early.
:hmm: There aren't lots of hicks in say Newfoundland?
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crazy canuck

Quote from: Caliga on July 19, 2012, 08:34:13 PM
Quote from: crazy canuck on July 19, 2012, 08:12:10 PM
More like we dont have all those damn Hicks.  The closest we come to that are Edmontonians.  And I would take an Edmontonian over a Hick any day.  Yes I just said something nice about Edmonton.  That is my quota for this decade.  Nice to get it over with early.
:hmm: There aren't lots of hicks in say Newfoundland?

Nope, they moved to Alberta to work in the oil patch.  Hence the Edmonton reference.  The difference is your hicks dont actually do anything except buy guns and talk about liberty and such.

Neil

I think it's important that nobody pay attention to cc.  Because he's from Vancouver, he's an injection drug user.  He's probably high as a kite right now on spelled H and novacoke.
I do not hate you, nor do I love you, but you are made out of atoms which I can use for something else.

Josquius

Surprised this has just happened, thought it had always been the case.
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Ed Anger

Quote from: Neil on July 19, 2012, 09:57:20 PM
I think it's important that nobody pay attention to cc.  Because he's from Vancouver, he's an injection drug user.  He's probably high as a kite right now on spelled H and novacoke.

I figured you'd go for hockey there, with Lunago (or however the fuck its spelled) being a miserable failure.

Stay Alive...Let the Man Drive

garbon

Quote from: Tyr on July 19, 2012, 10:10:33 PM
Surprised this has just happened, thought it had always been the case.

Yeah but then you're an idiot, so...
"I've never been quite sure what the point of a eunuch is, if truth be told. It seems to me they're only men with the useful bits cut off."
I drank because I wanted to drown my sorrows, but now the damned things have learned to swim.

Malthus

Quote from: Tyr on July 19, 2012, 10:10:33 PM
Surprised this has just happened, thought it had always been the case.

No. Until recently, the following was true:

1. The Canadian dollar was worth less than the US dollar;
2. Canadians were, on average, poorer than Americans; and
3. Canadian tax rates were in pretty well all cases higher than US tax rates.

The issue was always whether the Canadian emphasis on (relatively) more socialism in things like medicare and on "peace, order and good government" was worth these drawbacks.

Over the past few years, all three points have changed. The Canadian dollar is now on par with the US dollar. In some jurisdictions and for some classes of taxpayer, Canadian tax rates are now lower. And now, on average, Canadians are more wealthy. 

As to why, you'd have to ask an economist, but I suspect it is a combination of things:

1. Higher resource prices - Canada sells lots of resources like oil;
2. The financial crisis hit the US much harder than Canada - for example, Canada lacked the subprime mortgages situation the US had;
3. The US spent lots of money on foreign wars.
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane—Marcus Aurelius

Neil

Quote from: Ed Anger on July 20, 2012, 08:04:14 AM
Quote from: Neil on July 19, 2012, 09:57:20 PM
I think it's important that nobody pay attention to cc.  Because he's from Vancouver, he's an injection drug user.  He's probably high as a kite right now on spelled H and novacoke.
I figured you'd go for hockey there, with Lunago (or however the fuck its spelled) being a miserable failure.
CC isn't really that into hockey.  He's one of the few people who think that basketball is interesting, and since the Grizzlies wen to Memphis or something, there's no local basketball team to mock.
I do not hate you, nor do I love you, but you are made out of atoms which I can use for something else.