Maybe their roads are better?
The Canadian’s system is working, the American system is not. Canada is working the US Housing burned America down. Everybody does not need a house, nor can they afford one. Locally the real estate people were selling houses to any walk-in. And we know where they came from, and the distressed neighborhoods attest to what is going on now.
They could not afford the loans the Democrats gave them.
The U.S. may bill itself as the land of opportunity, but right now, Canadians are making out better.
That’s according to a column in the Toronto-based Globe and Mail, which reports, “Over the past five years, net worth per Canadian household has exceeded net worth per American household (total combined value of liquid and real estate assets minus debt) for the first time.”
According to Environics Analytics, a Canadian marketing and analytical services firm, the average household net worth in Canada was $363,202 in 2011; the figure for the U.S. was $319,970. That means the average Canadian household is more than $40,000 richer than its American counterpart.
“And these are not 60-cent dollars,” The Globe and Mail notes, “but Canadian dollars more or less at par with the U.S. greenback.” Making matters worse for the recession-ravaged U.S., these figures do not take into account the public sector debt that will someday come due for citizens of both countries; government debt as a percentage of GDP is higher in the U.S. than it is in Canada.