Thread: Reaganomics
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Old July 18th, 2012, 01:48 PM   #15 (permalink)
OutofDate1980
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The turtle vs the hare ?

Canada v the US: we're richer, but it's an empty kind of victory | Douglas Haddow | Comment is free | guardian.co.uk

"Just in time for the 200th anniversary of the war of 1812, Canada is now, for the first time in history, wealthier than the United States. Over the last five years, the average Canadian's net worth has gradually overtaken that of the average American's, to the tune of an extra $40,000 dollars per household."

"Regardless of the reason, Canadians truly believe that our social democracy-lite is fundamentally better than the man-bites-dog-Superpac-devours-man market democracy of the US.

And now, it seems it's also more profitable. It wasn't too long ago that Canada was being routinely denounced by US politicos as "Soviet Canuckistan", and held up as a frightful example of what the US would look like if liberalism were allowed to run amok. We haven't heard much of that since 2008. The triumph of the Canadian system over America's spelled out in the cold truth of dollar signs picks up where the war of 1812 left off. After 200 years of graceful acrimony, the Canadian standard has at last proven to be the superior of the two systems."
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