The Canadian Middle Class


Trex
+4
#1  Top Rated Post
This one is bound to make a few hater heads explode.

Under the Harper Government the Canadian middle class has become the richest in the world.

A 35-year study performed by the New York Times in conjunction with European data collection agency the LIS group confirmed that the Conservative Government of Canada has created the world’s richest middle class.

Quote” Canada is tied with Britain for the most growth in middle-class earnings since 2000, and has now pulled ahead of the U.S. to boast the wealthiest middle class in the world".

Read more: Middle class richer in Canada than U.S.: report | CTV News

Unfortunately for the Canadian upper class or rich classes they did not do as well. Canadian rich remain poorer than the rich from the USA and other nations.

And Justin Trudeau was previously trumpeting his campaign promise to “help the Canadian middle class”.
Sorry Justin…..jobs done.
Thanks anyway.
 
Sal
+2
#2
well I'm not rich by any standards probably not really middle class...maybe lower middle now, nothing like some of my friends and my income has dropped significantly since I changed jobs... However, I can easily live on a contract basis and only likely work 9 or 10 months of the year and still do okay.

then again, I'm not greedy and am easily content

of course there's always room for more but I wouldn't think the article is far wrong
 
B00Mer
+3
#3
Quote: Originally Posted by TrexView Post

This one is bound to make a few hater heads explode.

Under the Harper Government the Canadian middle class has become the richest in the world.

A 35-year study performed by the New York Times in conjunction with European data collection agency the LIS group confirmed that the Conservative Government of Canada has created the world’s richest middle class.

Quote” Canada is tied with Britain for the most growth in middle-class earnings since 2000, and has now pulled ahead of the U.S. to boast the wealthiest middle class in the world".

Read more: Middle class richer in Canada than U.S.: report | CTV News

Unfortunately for the Canadian upper class or rich classes they did not do as well. Canadian rich remain poorer than the rich from the USA and other nations.

And Justin Trudeau was previously trumpeting his campaign promise to “help the Canadian middle class”.
Sorry Justin…..jobs done.
Thanks anyway.



I APPROVE THIS MESSAGE!!

No surprise. Canada not only has a better economy, but has a team spirit in which everyone gets a decent education and health care. If you want to call that "socialism" …fine.
Last edited by B00Mer; Apr 27th, 2014 at 11:35 AM..
 
QuebecCanadian
+1
#4
My income is probably in the middle class range and I do okay. I've been at the same company for 34 years though so that helps. Good pension plan, health insurance. But I'd have to say it's been the case for me personally since before Harper. Maybe I'm just one of the lucky ones.
 
Sal
+1
#5
Quote: Originally Posted by QuebecCanadianView Post

My income is probably in the middle class range and I do okay. I've been at the same company for 34 years though so that helps. Good pension plan, health insurance. But I'd have to say it's been the case for me personally since before Harper. Maybe I'm just one of the lucky ones.

yeah I did better pre but...lol...it's all good, I'm in Canada I don't much care who gets the credit or if people need to assign credit
 
Retired_Can_Soldier
+4 / -1
#6
My issue is the incredible amount of taxes I pay. I don't have an issue with paying taxes, but what i pay versus what services I get is ridiculous.
 
Twila
+2
#7
Quote: Originally Posted by Retired_Can_SoldierView Post

My issue is the incredible amount of taxes I pay. I don't have an issue with paying taxes, but what i pay versus what services I get is ridiculous.


or knowing your taxes are going to pay for politicians and their spouces vacations? or for $25,000 computers for special rooms?

I have trouble accepting that my tax dollars are being spent on unneccesary things. My company does not pay for my family to travel with me. They want to come, they pay. If I don't want to spend so much time away from my family then I should find another job...
 
taxslave
#8
Quote: Originally Posted by Retired_Can_SoldierView Post

My issue is the incredible amount of taxes I pay. I don't have an issue with paying taxes, but what i pay versus what services I get is ridiculous.

Notice all the vast legions of government employees? That is the new upper class.
 
tay
+3 / -1
#9
The Canadian 'Middle Class' isn't better off, the Americans are just sinking lower day by day...........
 
Angstrom
+4
#10
Quote: Originally Posted by Retired_Can_SoldierView Post

My issue is the incredible amount of taxes I pay. I don't have an issue with paying taxes, but what i pay versus what services I get is ridiculous.

Really? Spoiled much are we?

We have roads , highways everywhere up the ying yang.
Running water, police, fire services, health care, electricity,
Education, 3 tiers of government we elect, court services,
Ice rinks up the ying yang, public parks every street corner,
Libraries, collages, university, telecommunication up the
ying yang.

Online services, welfare , aide to the disabled, laws protecting us at work.

We have everything. The whole god damn package.
We as Canadians Have some of the best living conditions
and government services in the world.
 
BaalsTears
#11
The American middle class has shrunk during the Obama presidency.
 
tay
#12
Quote: Originally Posted by BaalsTearsView Post

The American middle class has shrunk during the Obama presidency.





The 'working class' or middle has been shrinking for over 30 years and yes, Obama could have changed the direction but he has failed and gone along with the status quo .........




During the 2012 presidential election, Republican nominee Mitt Romney regularly liked to joke that President Obama wanted the US economy to look "more like Europe". In the context of modern American politics, few insults are more stinging. To be European is to be somehow effeminate, irresolute and, perhaps worst of all, socialist. It's the opposite of the "rugged individualism" and "exceptional nature" of the uniquely American experiment in self-government.

But, as a sobering New York Times article last week made clear, America could have a lot to learn by looking to Europe. According to the New York Times, the American middle class – the linchpin of the country's phenomenal postwar economic growth – can no longer call itself the richest in the world. "While the wealthiest Americans are outpacing many of their global peers," says the NYT, "across the lower- and middle-income tiers, citizens of other advanced countries have received considerably larger raises over the last three decades." America's poorest citizens lag behind their European counterparts; 35 years ago, the opposite was true


In the years after the Second World War, America was defined by an unprecedented period of economic prosperity. Jobs were plentiful and well-paying, with generous health and retirement benefits. New creature comforts, from refrigerators and washing machines to televisions and cars, were suddenly available. Americans became homeowners and eventually, if they were lucky, suburbanites.

Perhaps most important, those at the bottom of the economic ladder shared in the bounty as much as those at the top.




Life back then was never as idyllic as nostalgic portrayals of postwar America would suggest (this was particularly true if you were a minority or a woman). But it was also true that Americans enjoyed the type of economic security that current generations can only dream of.

Part of the reason was that they had political leaders who recognised that the federal government could not just sit on the sidelines.

From the emergency measures of the New Deal, which laid the foundation for the modern welfare state, to the vast ambitions of the Great Society, the government provided support for the aged, healthcare for the poor, job security for workers, good schools for the nation's young people and invested in science and infrastructure projects that created new economic opportunities.

By the 70s, however, as the postwar economic boom began to deflate, so, too, did the idea that government had a role to play in stewarding the economy or protecting workers from the vicissitudes of the free market. Instead, as a conservative anti-government populism emerged out of the perceived "liberal" excesses of the 60s, a new political ethos came to the fore. It was one promoted by Republicans (if occasionally articulated and endorsed by Democrats). Government was no longer a friend to the working man – it was a malignant force transferring his hard-earned tax dollars to the poor and minorities.




more




The American Dream is now just that for its middle classes – a dream | Michael Cohen | Comment is free | The Observer
 
Tecumsehsbones
#13
Quote: Originally Posted by TrexView Post

A 35-year study performed by the New York Times in conjunction with European data collection agency the LIS group confirmed that the Conservative Government of Canada has created the world’s richest middle class.

Down here we think people create their own riches.
 
Walter
+1
#14
Economic class is a Marxist construct. I believe All Canadian citizens are Canadian citizens; dividing us into groups is a negative approach to solving problems.
 
Tecumsehsbones
#15
Quote: Originally Posted by WalterView Post

Economic class is a Marxist construct. I believe All Canadian citizens are Canadian citizens; dividing us into groups is a negative approach to solving problems.

Well, it certainly pre-dates Marx. Your point, however, is well taken. Statistics are valuable in analyzing and resolving problems, but all too often they are simply used to divide (and conquer). The tendency to divide any available population into "us" and "them" is perhaps humanity's most destructive trait.

And if you disagree, you're one of "them."
 
JLM
+2
#16
Quote: Originally Posted by TrexView Post

This one is bound to make a few hater heads explode.

Under the Harper Government the Canadian middle class has become the richest in the world.

A 35-year study performed by the New York Times in conjunction with European data collection agency the LIS group confirmed that the Conservative Government of Canada has created the world’s richest middle class.

Quote” Canada is tied with Britain for the most growth in middle-class earnings since 2000, and has now pulled ahead of the U.S. to boast the wealthiest middle class in the world".

Read more: Middle class richer in Canada than U.S.: report | CTV News

Unfortunately for the Canadian upper class or rich classes they did not do as well. Canadian rich remain poorer than the rich from the USA and other nations.

And Justin Trudeau was previously trumpeting his campaign promise to “help the Canadian middle class”.
Sorry Justin…..jobs done.
Thanks anyway.


Altogether too much concern about this "class" sh*t. Why do we have to fit certain criteria that qualifies us for a certain class? Why can't be just "be" and forget this nonsense?
 
petros
+1
#17
Rich or wealthy? There is a huge difference. You can have $1million in assets but be flat broke.
 
JLM
#18
Quote: Originally Posted by petrosView Post

Rich or wealthy? There is a huge difference. You can have $1million in assets but be flat broke.


Maybe but at least you access to other people's money! - "Flat broke" means you don't have a pot to piss in! -
 
petros
#19
Quote: Originally Posted by JLMView Post

Maybe but at least you access to other people's money! - "Flat broke" means you don't have a pot to piss in! -

How do you access somebody else's money? Flat broke means no liquid assets.
 
captain morgan
+1
#20
Quote: Originally Posted by JLMView Post

Maybe but at least you access to other people's money! - "Flat broke" means you don't have a pot to piss in! -


Cash is King... Like was said, you can be asset rich and cash poor.

OPM still costs and if you have no income, you are on the fast track of liquidating assets simply to pay the interest
 
JLM
#21
Quote: Originally Posted by petrosView Post

How do you access somebody else's money? Flat broke means no liquid assets.


With $1 Million in assets, easy. Through the bank, it's called a mortgage!
 
Trex
-1
#22
Quote: Originally Posted by TecumsehsbonesView Post

Down here we think people create their own riches.

Is that the fine bouquet of fermenting American sour grapes that I detect?

Perhaps if Americans spent less time worrying about themselves and more time worrying about their less fortunate neighbors and shared communities the American middle class could improve itself?

Most Canadians tend to recognize that national defense, a universal national health system, a nationally based judiciary and legal system, a nationally based system of social services complete with support systems for the needy,

Pause

a national currency complete with banking structure and fiscal policy, a national park system, a nationally levied business income tax, a nationally levied personal income tax; all of which is overseen, updated and monitored by a democratically elected national government is a large part of what makes Canada the nation that it is.

Perhaps to deny this, to deny our shared Canadian community and only focus on the self would be in the eyes of some Canadians a very foolish perspective.

But, in my view, more important yet is what Canadians don’t care about.
They don’t care about what Americans think about Canada.
 
petros
+1
#23
Quote: Originally Posted by JLMView Post

With $1 Million in assets, easy. Through the bank, it's called a mortgage!

How do you pay it back?
 
Tecumsehsbones
#24
Quote: Originally Posted by TrexView Post

Is that the fine bouquet of fermenting American sour grapes that I detect?

Perhaps if Americans spent less time worrying about themselves and more time worrying about their less fortunate neighbors and shared communities the American middle class could improve itself?

Most Canadians tend to recognize that national defense, a universal national health system, a nationally based judiciary and legal system, a nationally based system of social services complete with support systems for the needy,

Pause

a national currency complete with banking structure and fiscal policy, a national park system, a nationally levied business income tax, a nationally levied personal income tax; all of which is overseen, updated and monitored by a democratically elected national government is a large part of what makes Canada the nation that it is.

Perhaps to deny this, to deny our shared Canadian community and only focus on the self would be in the eyes of some Canadians a very foolish perspective.

But, in my view, more important yet is what Canadians don’t care about.
They don’t care about what Americans think about Canada.

And, of course, the U.S. has none of those.
 
captain morgan
#25
Quote: Originally Posted by JLMView Post

With $1 Million in assets, easy. Through the bank, it's called a mortgage!


How would you suggest you service that mortgage each month when you don't have a monthly income?

Quote: Originally Posted by TecumsehsbonesView Post

And, of course, the U.S. has none of those.

You really ought to think about getting some of these wonderful things... Some great upside associated with it
 
petros
#26
Quote:

a national park system

Really? The ones we lost to the IMF too?
 
lone wolf
#27
As that bottom llne rises, more of us sink beneath it - but since we're not taxpayers, we don't matter
 
Tecumsehsbones
#28
Quote: Originally Posted by captain morganView Post

How would you suggest you service that mortgage each month when you don't have a monthly income?



You really ought to think about getting some of these wonderful things... Some great upside associated with it

Can I get the whole package at one go? At Zeller's maybe? Or can I order it from amazon.ca?
 
petros
#29
Quote: Originally Posted by lone wolfView Post

As that bottom llne rises, more of us sink beneath it - but since we're not taxpayers, we don't matter

That depends on your Province. Disability in SK pays $17K a year not including medical, dental and vision.
 
captain morgan
#30
Quote: Originally Posted by TecumsehsbonesView Post

Can I get the whole package at one go? At Zeller's maybe? Or can I order it from amazon.ca?


I would never dream of asking you to pay retail on this.

I get a discount at the wholesale level, so just send me bank draft made out to cash and I'll get you in on the sly.

PS - Act now, and I'll throw in a K-Tel Patty Stacker AND Record Selector AND your first record as a bonus (shipping and handling separate)







PS - Sorry for the Blackleaf-esque waste of bandwidth
 

Similar Threads

2
The Golden middle-class Goddesses
by Blackleaf | Nov 6th, 2006
no new posts