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Date: 09/18/12 01:30 PM

27 Responses to Canada Rises & US Falls – Economic Freedom [Pic+]

  1. Profile photo of kitteh9lives
    kitteh9lives Female 70 & Over
    8033 posts
    September 18, 2012 at 1:35 pm
    Link: Canada Rises & US Falls - Economic Freedom - Canada rises to Top Five in world economic freedom ranking as U.S. plummets to 18th, its lowest position ever.
  2. Profile photo of Rodin
    Rodin Male 30-39
    691 posts
    September 18, 2012 at 2:20 pm
    Hong Kong isn`t a country.
  3. Profile photo of PizzaPits
    PizzaPits Male 18-29
    553 posts
    September 18, 2012 at 2:59 pm
    Welp.. Guess it`s time to pack up and head north..
  4. Profile photo of Angelmassb
    Angelmassb Male 18-29
    15511 posts
    September 18, 2012 at 3:38 pm
    The Canadian dream
  5. Profile photo of greenbasterd
    greenbasterd Male 18-29
    2377 posts
    September 18, 2012 at 3:46 pm
    were full
  6. Profile photo of Andrew155
    Andrew155 Male 18-29
    2579 posts
    September 18, 2012 at 3:53 pm
    Canada is essentially more capitalist than America, yes.
  7. Profile photo of markust123
    markust123 Male 40-49
    3876 posts
    September 18, 2012 at 3:57 pm
    Here`s an idea, when you end a war you give the war budget back. You don`t get to just keep that same high defense budget.
  8. Profile photo of gary8162
    gary8162 Male 40-49
    933 posts
    September 18, 2012 at 5:30 pm
    Correct me if I`m wrong but the article said Canada takes it`s place among the top 5 then lists the following countries: Hong Kong, Singapore, New Zealand, Switzerland, Australia, then Canada.
    Now I`ve never understood the "new math" but by my count, Canada`s number 6.
  9. Profile photo of davymid
    davymid Male 30-39
    12151 posts
    September 18, 2012 at 5:54 pm
    vv Joint 5th with Australia, exact same score. I guess Australia`s listed above Canada purely alphabetically.
  10. Profile photo of uatme
    uatme Male 18-29
    1068 posts
    September 18, 2012 at 6:21 pm
    @gary8162 maybe it`s zero indexed? lol. Actually tho the list is from 2010, so maybe in 2012 we`re 5th. But its not news that we`re higher than the states, its been multiple years.
  11. Profile photo of avail9988
    avail9988 Male 18-29
    700 posts
    September 18, 2012 at 6:33 pm
    Australia FTW
  12. Profile photo of CrakrJak
    CrakrJak Male 40-49
    17515 posts
    September 18, 2012 at 7:14 pm
    Please notice that the main problems are `the size of government, `legal system` and `regulations`.

    All 3 things Obama wants more and more of.
  13. Profile photo of patchgrabber
    patchgrabber Male 30-39
    5812 posts
    September 18, 2012 at 7:22 pm
    were full
    Eloquent in its brevity, as smoothie now fills my sinuses. Bravo sir.
  14. Profile photo of patchgrabber
    patchgrabber Male 30-39
    5812 posts
    September 18, 2012 at 7:27 pm
    Please notice that the main problems are `the size of government, `legal system` and `regulations`.
    Actually I think it`s more complex than that. Obviously it`s due to the perfect union of capitalism AND socialism. Canada is essentially a political Voltron. ;-)
  15. Profile photo of intrigid
    intrigid Male 18-29
    914 posts
    September 18, 2012 at 8:46 pm
    gary8162 and uatme:

    You two are idiots.
  16. Profile photo of hi2pi
    hi2pi Male 30-39
    736 posts
    September 18, 2012 at 10:21 pm
    by not pretending that `socialism` is a bad word we can have adult conversations on the matter.
  17. Profile photo of normalfreak2
    normalfreak2 Male 18-29
    3364 posts
    September 18, 2012 at 10:24 pm
    Socialism works...in Canada.
  18. Profile photo of OldOllie
    OldOllie Male 60-69
    15844 posts
    September 18, 2012 at 10:32 pm
    We have Obama; they don`t.
  19. Profile photo of MayjorPain
    MayjorPain Male 18-29
    12 posts
    September 19, 2012 at 12:12 am
    Bullpoo. Canada is below the US in human development, and US citizens have a bigger voice regarding politics. Canadian healthcare isn`t "free" either, they pay some of the highest taxes in the world for it.
  20. Profile photo of tacks
    tacks Female 18-29
    155 posts
    September 19, 2012 at 3:25 am
    Canada`s population is about 35 million. Compared to US`s population, we`re pretty easy to handle.
  21. Profile photo of Musuko42
    Musuko42 Male 18-29
    2850 posts
    September 19, 2012 at 4:05 am
    @MayjorPain

    "Canadian healthcare isn`t "free" either, they pay some of the highest taxes in the world for it."

    But they still end up paying less for it in the end.

    When you call it "free" healthcare, you`re misrepresenting what it is. It`s actually called "free at the point of use". You still pay for it, but you pay for it when you are capable of paying for it (when you`re healthy and earning), NOT when you need the healthcare (when you`re likely to be the least capable of actually affording it).

    It`s a good system. It`s like one giant insurance policy for the nation`s population. In fact, in Britain it`s even called that: the tax that pays for our healthcare (and state pensions, unemployment benefit, etc) is actually called "National Insurance".

    It really is quite a minimal tax. I have my pay slip in front of me: I pay 6% of my income in national insurance. And I pay 9% in income tax.
    <
  22. Profile photo of Musuko42
    Musuko42 Male 18-29
    2850 posts
    September 19, 2012 at 4:07 am
    Not 30%. Not 40%. Nothing like what people try to claim. I pay 9% income tax. I pay 6% for my healthcare (and other welfare).

    How much do you pay in income tax? Is it more or less than 9% of your income?

    How much do you pay for your fully-comprehensive health insurance with NO co-pay? Is it more or less than 6% of your income?
  23. Profile photo of Musuko42
    Musuko42 Male 18-29
    2850 posts
    September 19, 2012 at 4:12 am
    PS: My pre-tax income is, converted to dollars, $26,254.

    And to show that these figures are not a symptom of getting an easy ride as a low earner, here are the tax figures calculated for someone earning double what I earn ($52,508).

    National Insurance: 9%.
    Income tax: 15%.

    Do people in your country earning $52,508 pay more or less than 15% income tax?

    Do people in your country earning $52,508 pay more or less than 9% of their income on fully-comprehensive health insurance with no co-pay?
  24. Profile photo of Musuko42
    Musuko42 Male 18-29
    2850 posts
    September 19, 2012 at 4:13 am
    Feel free to check my figures here:

    http://listentotaxman.com/
  25. Profile photo of Palfas
    Palfas Male 30-39
    411 posts
    September 19, 2012 at 6:41 am
    You can tell this report is utter BS when they rank the US as #1 in sound money. This chart is nothing more then a circle jerk for the "free market" capitalists.
  26. Profile photo of Musuko42
    Musuko42 Male 18-29
    2850 posts
    September 19, 2012 at 9:43 am
    @Palfas

    "You can tell this report is utter BS when they rank the US as #1 in sound money."

    That was in 2005. Before the crash.

    I think it`s your reading ability that`s utter BS.
  27. Profile photo of McGovern1981
    McGovern1981 Male 30-39
    14273 posts
    September 19, 2012 at 10:36 am
    Hong Kong`s a country seems legit........

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