Canada easily has the ability to become one of the richest and most powerful countries on the planet.
Imagine if you will Saudi Arabia or the Emirates without any oil; the harsh reality is they would be nothing but fly-blown wastelands populated by goatherds.
Environmentally correct wastelands but wastelands none the less.
Lets take a look at GDPPP. Which is gross domestic product per person.
It means dividing the value of any thing, product, good or service by the population of a country.
It basically tells you what your people in a country can be paid.
Unless your country blows all the money on weapons or wars or your politicians steal it.
Thus a Bangladeshi ditch digger earns less than a Turkish ditch digger who earns less than a Spanish ditch digger who earns less than a German ditch digger.
And so on.
So if Canada has the ability to pay its ditch diggers the highest wages in the world, why would we not?
Here is a list of GDPPP:
1 Qatar
145,300
2 Liechtenstein
122,100
3 Luxembourg
81,800
— Bermuda
69,900
4 Singapore
62,200
5 Norway
59,100
— Jersey
57,000
6 Kuwait
51,7007 Brunei
50,300
8 United States
47,400
— Hong Kong
45,600
9 Andorra
44,900
10 Switzerland
42,900
11 San Marino
41,900
12 Australia
41,300
13 Netherlands
40,500
14 Bahrain
40,400
15 Austria
40,300
16 United Arab Emirates
40,200
17 Canada
39,600
The above is how much each citizen of a given country is worth as a percentage of the countries wealth.
Next lets look at Standard of Living.:
1. Norway (=)
2. Iceland (↑ 5)
3. Australia (=)
4. Luxembourg (↑ 11)
5. Canada (↓ 1)
Canada does much better here because of its strong social safety net and its socialized health care and education ( and believe it or not its effective governance).
But still the average American makes $47,400 a year, pays lower taxes and enjoys cheaper costs of living (housing, gas, food, etc) than your average Canadian who only averages $39,600 a year.
Why then do we choose to be poorer than we need to be?
Trex
Imagine if you will Saudi Arabia or the Emirates without any oil; the harsh reality is they would be nothing but fly-blown wastelands populated by goatherds.
Environmentally correct wastelands but wastelands none the less.
Lets take a look at GDPPP. Which is gross domestic product per person.
It means dividing the value of any thing, product, good or service by the population of a country.
It basically tells you what your people in a country can be paid.
Unless your country blows all the money on weapons or wars or your politicians steal it.
Thus a Bangladeshi ditch digger earns less than a Turkish ditch digger who earns less than a Spanish ditch digger who earns less than a German ditch digger.
And so on.
So if Canada has the ability to pay its ditch diggers the highest wages in the world, why would we not?
Here is a list of GDPPP:
1 Qatar
145,300
2 Liechtenstein
122,100
3 Luxembourg
81,800
— Bermuda
69,900
4 Singapore
62,200
5 Norway
59,100
— Jersey
57,000
6 Kuwait
51,7007 Brunei
50,300
8 United States
47,400
— Hong Kong
45,600
9 Andorra
44,900
10 Switzerland
42,900
11 San Marino
41,900
12 Australia
41,300
13 Netherlands
40,500
14 Bahrain
40,400
15 Austria
40,300
16 United Arab Emirates
40,200
17 Canada
39,600
The above is how much each citizen of a given country is worth as a percentage of the countries wealth.
Next lets look at Standard of Living.:
1. Norway (=)
2. Iceland (↑ 5)
3. Australia (=)
4. Luxembourg (↑ 11)
5. Canada (↓ 1)
Canada does much better here because of its strong social safety net and its socialized health care and education ( and believe it or not its effective governance).
But still the average American makes $47,400 a year, pays lower taxes and enjoys cheaper costs of living (housing, gas, food, etc) than your average Canadian who only averages $39,600 a year.
Why then do we choose to be poorer than we need to be?
Trex
