Skip to comments.The Middle Class In Canada Is Now Doing Better Than The Middle Class In America
Posted on 04/23/2014 7:02:18 PM PDT by Nachum
For most of Canada's existence, it has been regarded as the weak neighbor to the north by most Americans. Well, that has changed dramatically over the past decade or so. Back in the year 2000, middle class Canadians were earning much less than middle class Americans, but since then there has been a dramatic shift. At this point, middle class Canadians are actually earning more than middle class Americans are. The Canadian economy has been booming thanks to a rapidly growing oil industry, and meanwhile the U.S. middle class has been steadily shrinking. If current trends continue, a whole bunch of other countries are going to start passing us too. The era of the "great U.S. middle class" is rapidly coming to a bitter end.
(Excerpt) Read more at zerohedge.com ...
The standard of living in America is in a death spiral. This could be a good thing. The illegals may keep on going on up to Canada.
Canada has almost no illegal aliens depressing their middle class wage structure.
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is it because their ancestors were not slave owners?
Canada has adults in charge.
Not grifting opportunists.
It’s because of the cold winter....and Chinese oil demand.....and, and, and....I am really getting sick of watching the local news do big stories on rising gas prices and food price inflation and the words Obama or democrat or economic policy are NEVER mentioned. I live in an alternate universe.
It’s called “Marxism”.
Karl Marx hated the middle class. Trying to use his ideas to help the middle class is like using Hitler’s ideas to help the Jews.
But middle class Marxists keep voting for it. So get used to it.
5+ Years of Obama POTUS will do it.
The value of our labor is declining with each passing day
That about explains it.
I wonder how this trend will play out?
It's hard to envision a nice ending, except for those who think every American getting the same size welfare check from the government represents a kind of utopia.
So true. They don’t have a third world dump like Mexico mooching off of them. If the Canadians are smart they ought to put a moratorium on all immigration or at the very least limit all incoming immigrants to those who have higher education and technical skills. Hopefully the Canadians have seen what their stupid neighbors to the south are doing to themselves with immigration and act accordingly.
Canada is American
just not USA
Probably like this...
Ya read these articles and the writers seem as though they just discovered most of the American middle class have been brutally gang banged by government and their reckless policies and endless corruption.
~So true. They dont have a third world dump like Mexico mooching off of them. If the Canadians are smart they ought to put a moratorium on all immigration or at the very least limit all incoming immigrants to those who have higher education and technical skills. Hopefully the Canadians have seen what their stupid neighbors to the south are doing to themselves with immigration and act accordingly.~
Have you been to Canada recently? I think one in four people is immigrant.
Yep, and their richest zip codes aren't areas where their government 'workers' live either...
underway as we speak
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