Truth vs. American Spirit...a comparison between the USA and Canada.
"All our developed allies are socialists including Canada. They have little crime, healthy economies, health care for all and plenty of rich people. Yes the rich pay high taxes, but who cares? The USA is a tax haven for international millionaires. We have the lowest taxes for the rich in the developed world, even before the Bush tax cuts. And look at where it has gotten us. Record deficits. Canada for instance has no such problem now."
Per Capita GDP 1991 U.S - $22,240 Canada - $20,440
Per Capita GDP 1997 U.S. - $29,142 Canada - $20,122
Per Capita GDP 2002 U.S. - $37,600 Canada - $29,400
Central Government debt as % of GDP U.S. - 34.8% Canada - 61.5%
Unemployment rate U.S. 6.1% (Sep, 2003) Canada - 8% (Sep, 2003) |