Re: RE: Canadians Moving to t
"Better economy" is a subjective term. Canada suffers from a sever lack of diversification next to the US. If you look at the TSX it is chock full of Banks, Natural Resources, Pipelines and -- oh yes, Bombardier on the Government teet. On the other hand the US is home to the greatest diversity of industry anywhere in the world by a long shot. Plus,the US stock market has outperformed Canada's by an embarassing amount over the long term, despite foreign content restrictions propping up Canadian stocks. You can't throw a few stats out there and hand down a "better economy" judgement so easliy, friend.
Reverend Blair said:And who has the better economy? Our dollar has been rising, yours has been dropping. You've been building up a massive debt by running massive deficits while we've been paying our debt off. You've got a trade deficit that leaves others as much in charge of your economy as your government is. We run a trade surplus.
"Better economy" is a subjective term. Canada suffers from a sever lack of diversification next to the US. If you look at the TSX it is chock full of Banks, Natural Resources, Pipelines and -- oh yes, Bombardier on the Government teet. On the other hand the US is home to the greatest diversity of industry anywhere in the world by a long shot. Plus,the US stock market has outperformed Canada's by an embarassing amount over the long term, despite foreign content restrictions propping up Canadian stocks. You can't throw a few stats out there and hand down a "better economy" judgement so easliy, friend.