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- Sep 29, 2000
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The governments are running surpluses because of already obscenely high tax rates and a vast influx of money from oil. Should they really be respected for money being made on a single commodity?Originally posted by: sandorski
You should be so lucky.
The "Brain Drain" has been slowing down and only really exists due to Higher Wages in the US. The Canadian Federal Government and most Provincial Governments have eliminated Deficits and run Surplusses. Due to the Surplusses, Taxes are being Cut Annually without putting things back into Deficit. Every Canadian has HealthCare coverage for everything from First Aid to Cancer Treatment. Though the Real Estate Market has cooled, it hasn't collapsed like in the US and it wasn't because of shoddy Lending Practices. A previous Prime Minister(Chretien) saw the Iraq War for the sham that it was and refused to join in. Hockey!
Healthcare != Healthcare, just as saying that everybody in India has a roof over their head. Most of them do, but I prefer mine. I also prefer not waiting 6 months for an MRI like every Canadian has to do. Anything non-critical in Canada for healthcare _sucks_. Elective anything = vastly absurd waiting lists.
Compared to GDP Canada and the US actually have very similar levels of debt.Look at Canada's private and public debt.
Look, it's fun to burst bubbles, so I will because I actually have lived in Canada for most of my life. The taxes are brutal. They are high. You are taxed more on your income, more on your gas, more on your purchases (15% on store goods), more on essentially everything. The healthcare that everybody has is demonstrably slower compared to privately insuranced Americans. Unemployment is higher. There is less political discourse because everybody has drunk the same kool-aid, which says entitlement and liberalism are good, so stop asking, thank you. A year of gov-paid maternity leave, who do you think pays for this?
To say that Canada is booming and the US is not is a misnomer. The US still has a much stronger economy, much more wealth. It is making terrible mistakes, but these are not because it is not Canada-like enough.