Here ya go

Suzanne · Posted: Thu Sep 15, 2011 8:21 pm Post subject: Here ya go

Dimi says maybe we're in the wrong business? I found This interesting article in the Wall St. Journal about how Canada is creating more jobs. (Didn't want hi-jack Dimi's thread)

Suz

Dimitri · Super Member Joined: Nov 25, 2005 Posts: 5946

Yah well our economy is leading the G8 in terms of recovery since 2008, The Canadian economy is expected to grow over 4% this year, verses 2.5% or so for the US and 2% for Europe.

You know, we only went 120 billion in the hole the last 3 years since the recession, verses our current GDP of 1.34 trillion dollars. In the US, during these same 3 years, debt as soared by 4.22 trillion, out of a GDP of 14.12 trillion dollars.

Which means, we have collected a mere 9% debt compared to our GDP, but in the US, its sitting at 30%. Over the last 3 years.

Or another way to look at it is, once you factor populations, Canada would have spent a mere 1.092 trillion dollars to recover the economy if we had the population in the US. Where as to spend as much as the US did, again per the population differences into account, we'd have to spend 464 Billion dollars. Shocked

And to think, there were some media outlets and politicians who claimed, to be able to "recover ourselves" we must follow the same lead the US was in terms of spending. Laughing

Remember when it comes to electing a party, the one who has a leader who acts as stiff as a bone in front of people (our PM Harper - www.youtube.com/watch?v=8FGIQpdtS_Y has been called many names for his level headedness), may be the better choice, then the one who acts passionate and emotionally with people. Cause well at least their head is screwed on straight and working right. Very Happy

Dimitri

Pumpkinslinger · Posted: Fri Sep 16, 2011 1:58 pm Post subject: Re: Here ya go

Unfortunately people tend to vote for the best actor, not necessarily the best man (or woman). And we all know that BO can sure read a teleprompter.

Dimitri · Super Member Joined: Nov 25, 2005 Posts: 5946

Mike too true, which is why I mentioned it at the end.

Dimitri