l****z
发帖数: 29846 | 1 While Americans might enjoy throwing politically-charged barbs at their
neighbors to the north, Canadians now have at least one reason to be smug.
For the first time in recent history, the average Canadian is richer than
the average American, according to a report cited in Toronto's Globe and
Mail.
And not just by a little. Currently, the average Canadian household is more
than $40,000 richer than the average American household. The net worth of
the average Canadian household in 2011 was $363,202, compared to around $320
,000 for Americans.
If you're thinking the Canadian advantage must be due to exchange rates,
think again. The Canadian dollar has actually caught up to the U.S. dollar
in recent years.
"These are not 60-cent dollars, but Canadian dollars more or less at par
with the U.S. greenback," Globe and Mail's Michael Adams writes.
To add insult to injury, not only are Canadians comparatively better-off
than Americans, they're also more likely to be employed. The unemployment
rate is 7.2 percent—and dropping—in Canada, while the U.S. is stuck with a
stubbornly high rate of 8.2 percent.
Besides a strengthening currency and a better labor market, experts credit
the particularly savage fallout from the financial crisis on the U.S.
economy and housing market, which torpedoed home values and gutted household
wealth. According to the report, real estate held by Canadians is worth
more than $140,000 more on average and they have almost four times as much
equity in their real estate investments.
In a column for Bloomberg View, Stephen Marche traces the increasing wealth
spread between the two countries to America's "struggles to find its way out
of an intractable economic crisis and a political sine curve of hope and
despair."
"The Canadian System is working," Marche writes, crediting Canada's cautious
, fiscally conservative society. "[T]he American system is not."
But there is one caveat that could give the U.S. an ego boost: the average
American holds more liquid assets—cash in hand—than the average Canadian.
Meg Handley is a business reporter for U.S. News & World Report. | l****z
发帖数: 29846 | 2 Remember that Canada kicked out the "progressives" of the Labor Party and
the Conservatives are running things. They've also done things like kick the
economic strangulation of the Kyoto protocol to the curb. They are bound to
surpass us when we are basing things on the "progressive" Peter Pan
economics of the Democrats right now. Canada has lower taxes than the US
right now and the Democrats here are talking about raising them even more.
It's no wonder Canada has more economic growth. | l**w
发帖数: 865 | 3 And Canada has universal health care.
the
to
【在 l****z 的大作中提到】
: Remember that Canada kicked out the "progressives" of the Labor Party and
: the Conservatives are running things. They've also done things like kick the
: economic strangulation of the Kyoto protocol to the curb. They are bound to
: surpass us when we are basing things on the "progressive" Peter Pan
: economics of the Democrats right now. Canada has lower taxes than the US
: right now and the Democrats here are talking about raising them even more.
: It's no wonder Canada has more economic growth.
| w*****2
发帖数: 1458 | | P*********0
发帖数: 4321 | 5 They have a public healthcare system.
Learn from that.
more
★ 发自iPhone App: ChineseWeb 7.3
【在 l****z 的大作中提到】
: While Americans might enjoy throwing politically-charged barbs at their
: neighbors to the north, Canadians now have at least one reason to be smug.
: For the first time in recent history, the average Canadian is richer than
: the average American, according to a report cited in Toronto's Globe and
: Mail.
: And not just by a little. Currently, the average Canadian household is more
: than $40,000 richer than the average American household. The net worth of
: the average Canadian household in 2011 was $363,202, compared to around $320
: ,000 for Americans.
: If you're thinking the Canadian advantage must be due to exchange rates,
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