Canada Has Wealthiest Middle Class

[PhuturePriest]

Canada has now surpassed the U.S. in middle class wealth, meaning it now has the wealthiest middle class in the world. Here is Stephen Colbert reporting this confounding phenomenon:

 

http://thecolbertreport.cc.com/videos/8l716g/canada-s-booming-middle-class?xrs=synd_facebook_042614_cn_42

[4588686]

Social Democracy ftw

[PhuturePriest]

Social Democracy ftw

 

I'm amazed the anarchists haven't been all over this thread.

[AugustineA]

Come. Join the dark side. We have maple syrup sausages and wine gums. 

[PhuturePriest]

Come. Join the dark side. We have maple syrup sausages and wine gums. 

 

I'll ignore your disgusting sausages and come over simply because Canada's faith is lacking, and as a bonus you have Rush.

[Not The Philosopher]

I'll ignore your disgusting sausages and come over simply because Canada's faith is lacking, and as a bonus you have Rush.

 

While we're at it

 

http://www.youtube.com/watch?v=LdpMpfp-J_I

[Benedictus]

God is with the underdogs -  the poor and oppressed :P

[NotreDame]

I'd like to say it's the oil drilling plus 8 years of a conservative president, but more than likely it's just a bubble caused by their fed who has kept a ridiculously low interest rate while their oil production doubled.  And with our crouton-covered economy we are lucky to be in 2nd. 

[truthfinder]

I'd like to say it's the oil drilling plus 8 years of a conservative Prime Minister, but more than likely it's just a bubble caused by their fed who has kept a ridiculously low interest rate while their oil production doubled.  And with our crouton-covered economy we are lucky to be in 2nd. 

Sorry, but I fixed it for you.

[Tab'le De'Bah-Rye]

Come. Join the dark side. We have maple syrup sausages and wine gums. 

 

 

Or the grey side :)

[Tab'le De'Bah-Rye]

Canada is the shinning star of the commonwealth although a republic now. New zealand and australia are waiting to be granted of becoming a republic, or perhaps we will stay commonwealth, we where given a choice about 10 years ago to become a republic or not and majority australians voted stay on the mothers tit. :P

Edited April 28, 2014 by Tab'le De'Bah-Rye

[CrossCuT]

Here is an article about it if you dont want to watch a video

Although economic growth in the United States continues to be as strong as in many other countries, or stronger, a small percentage of American households is fully benefiting from it.

http://www.nytimes.com/2014/04/23/upshot/the-american-middle-class-is-no-longer-the-worlds-richest.html?rref=upshot&_r=1

 

 

Basically, we are still making $$$ in the US but the top wealthiest percentiles in the country are holding the money hostage.  Womp womp.

[CrossCuT]

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Edited April 28, 2014 by CrossCuT

[Vitamin]

I'd like to say it's the oil drilling plus 8 years of a conservative president, but more than likely it's just a bubble caused by their fed who has kept a ridiculously low interest rate while their oil production doubled. And with our crouton-covered economy we are lucky to be in 2nd.

If you call fourteen years of pay increases a bubble, what do you call fourteen years of flatline payrates?

I will sorely miss Colbert's conservative caricature. I've never cared for Letterman.

[CatherineM]

Lived in the US for 43 years, and Canada for almost 9 now. My uneducated, unresearched opinion is healthcare. The poorest on both sides are taken care of, and the rich don't need help. The middle class here don't lose their homes if they get a sick kid. No one files bankruptcy for medical bills. No one loses their job by getting sick because they can afford their heart medicine.