- ........who contributes more. It certainly isn't politicians, bureaucrats, civil servants.
- See the U.S. economy. See the U.S. debt. See Americans wish they were in Canada
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Canada's national debt at the moment is $481 billion and change, or $14,377 per person.
The U.S. debt is $11.7 trillion, or $38,247 per person.
According to today's estimate from the White House, the U.S. total could reach $20 trillion in 10 years, which would be roughly $65,000 per American at today's population, though by then there will obviously be more Americans to spread it around.
In Canada, TD Bank estimates the debt will reach $630 billion in five years, when the federal deficit may or may not be eliminated, depending on who's doing the forecasting. Divided by today's population, which, again, is not a very good measure, that would be about $19,000 per person.
Wednesday, August 26, 2009
The "Poor And Oppresed" Can't Come Up With Their Share So Guess......
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About Me
- Unhypentated Canadian
- I lean to the right but I still have a heart and if I have a mission it is to respond to attacks on people not available to protect themselves and to point out the hypocrisy of the left at every opportunity.MY MAJOR GOAL IS HIGHLIGHT THE HYPOCRISY AND STUPIDITY OF THE LEFTISTS ON TORONTO CITY COUNCIL. Last word: In the final analysis this blog is a relief valve for my rants/raves.
1 comment:
The interesting thing to note, is that the majority of all that debt, US, or Canadian, was accumulated during right wing governments.
That's what the FACTS show.
Interesting what you find out when you cut through idiot blogger's blind rhetoric and read the truth.
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