Canadians are richer than Americans

[riverbendviewgal]

I read this article today from Blomberg's and always have been grateful to our Canadian prime minister Paul Martin for his foresight and stubbornness


http://www.bloomberg.com/news/2012-07-15/hardheaded-socialism-makes-canada-richer-than-u-s-.html?cmpid=BVrelated

I found this very interesting as I met a fellow swimmer in my local pool who brought this up as she will be traveling to Iceland this Saturday for a vacation. She was very familiar with this and said Iceland can convert their currency in 24 hours.

The difference grows starker by the month: The Canadian system is working; the American system is not. And it’s not just Canadians who are noticing. As Iceland considers switching to a currency other than the krona, its leaders’ primary focus of interest is the loonie -- the Canadian dollar.

http://grandpasmad.wordpress.com/


When I got back from my swim I looked into this further and found the above American blog, which referred to the Bloomberg article.. It is worth a read.

Remember how our politicians used to brag that the average American was better off than any citizen of any other country in the world? It was all part of that “Were Number One” thing we had going that has, in the past thirty wears, gone from being a statement of national pride to just another jingoistic (and untrue) statement.

Other than making weapons to kill people with and then actually going out and killing people in large numbers to create a market for them, I have a hard time finding anything of any real worth that we’re truly number one at anymore and now we find that our citizens decidedly not even richer than anywhere else. One country has already surpassed us in terms of personal wealth per average citizen and others will, if present trends continue, do so within the next few years as we continue our metamorphosis into a third world slum country ruled over by a corporate oligarchy. I’m sure Canadians are too polite to make an issue of it but it may not be long until they look at us the way many of our citizens… cough:: Tea Party::cough… look at Mexico… you know, as a kind of rally low-class ghetto and a blight on the neighborhood, whose citizens ought to stay on their own side of the tracks.