> socialism sucks
Oh really pol?
>>74060414
Let's see how long it lasts
what the fuck are "health costs"?
other than that, i'm for a higher minimum wage. Less money these fucking assholes can hide in tax havens. It's easy to dodge taxes, hard to dodge wages.
>>74060414
hmm, I wonder if this is adjusted for cost of living or exchange rates
>>74060414
Discount Australia with discount shitpost memes.
>>74060414
MFW all my assets are divided among various holdings corporations established in Hong Kong. I'll be fucked if a dollar of my earnings are going to be put towards treating a bunch of refushits like kings.
>>74060538
Of course it is- that doesn't mean we who live in the People's Republic of Canada don't enjoy a higher standard of living than those in USA
>>74060673
At half the purchasing power
>>74060496
>hard to dodge wages
If it was then you wouldn't need Donald Trump to expel illegals working under the table for scraps?
>any western country today
>practicing anything that is even remotely related to the ideology of socialism as it has ever been practiced by actual socialists of any kind
pick only one, god I'm sick of this meme.
>>74060414
>free healthcare
What is MSP?
>>74060738
Not really
>>74060414
Neither of those countries are remotely socialist.
Fucking illiterate /pol/faggots think that any type of welfare or govt intervention is "socialist".
>>74060763
roads
>>74060414
Since when is Canada Socialism? They are capitalism like USA, only that Americans have more Jews running business and banks.
>>74060414
>babby's first shitpost
Aww it's so cute when a someone is trying to catch up with his big brother :^)
>>74060853
>>74060934
How dare you attempt to smear the legacy of the socialist paradise that is the People's Republic of Canada
>High taxes are good
>Implying those health costs are "free"
>Minimum wage is a good thing
If Norway were your home instead of The United States you would...
be 50.68% less likely to be unemployed
have 26.99% more free time
use 92.74% more electricity
be 89.26% less likely to be in prison
experience 44.44% less of a class divide
be 76.32% less likely to be murdered
be 59.81% less likely to die in infancy
live 2.04 years longer
consume 16.07% less oil
make 4.92% more money
be 83.33% less likely to have HIV/AIDS
spend 1.8% more money on health care
have 9.91% fewer babies
>pay gorillion of taxes
>"free" health care
>high taxes for rich people
>complain about your shitty economy
Canada is so cool
>>74061095
And have 100% less chances of Trump presidency. Wouldn't migrate to / 10
>>74060414
>bank regulations
>low
what does that even mean?
besides, high bank regulations hurt the economy anyway
banks play an extremely important role in the economy. the goal isn't the most regulation. it's the amount of regulation required to benefit the economy
>>74061000
Blaming Socialism is easy, creating it takes genius. Anglo isn't capable of running Socialism, that would mean that salaries of some bosses would have to be lowered, but how can this be done if politicians work for them? You ain't going to eat your own ass.
OP grow the fuck Up and understand that some people have different ideas of the role of the government.
https://www.youtube.com/watch?v=rEM4NKXK-iA
Watch that video .
>>74061240
>hurt the economy
Your country's lack of regulation crippled the world's economy
>>74061247
>sorry for poor english
>>74061095
Everyone of those statistic USA beats any other country so long as you're white
>>74060414
>Health costs
>Free
When you adopt socialism, health care starts raising on threes...
>>74060414
>vancouver housing market
>worthless currency
>entire economy based on selling single resource to US that is now being screwed by OPEC
>>74060414
>all those kike buzzwords and no sources
>>74061409
>sorry for poor English
Will improve once more Indians move to Canada.
Your currency is a little weak compared to ours, and I was wondering somethi g about the healthcare thing. Do the medical professionals just completely volunteer their time? IEs the hospital food donated? How does the quality of care measure up? Life expectaexpectancy of athe white middle class compared to ours? Anything else to back up this superior health system? Back to the high tax thing...why isn't your currency stronger if socialism is better? Is the their a socialist on the planet with a stronger currency? Any socialist currenty with free healthcare have a higher lifer expectancy, especially if our niggers are left out of the equation?
>>74061467
Venezuela is owned by USA you retarded Christian Jew shit. Every aspect of Venezuela is controlled by USA, they take those Christian nigger cocks faster than you can wish to suck on them. Not even Jesus can fuck enough interracial Asian nigger dick than you can wish for.
Cell phone typing, pardon the typos
>>74061661
You sure are obssessed with mixed cocks
so, having a minimum wage of atleast 10$ and having universal healthcare is called socialism now? cool, i'll let lenin know.
>>74061808
I am just telling you what Christians like. Capitalist Jesus teachings in practice always mean you have to take multiple nigger dicks in ass. It's all about anal nigger shit dicks for Christian nations. Germans scat tastes best right before church ceremony with Arab priest, then you happily give money to Jews in Israel and embrace English language instead of German.
>>74061823
> Greek
> Understanding economics
>>74060414
We have fewer niggers. It helps a lot.
I don't understand how someone can be so awful with their money. I'm a 22 year old student with a McJob in a grocery store, and even I get healthcare, dental, stock, 401k, and $12 per hour.
>>74060414
>implying any of those points correlate to any other point
>implying your post has a point and is not just number jargon that means nothing
shit post
slide thread
reported vanned fbi tipped swatted and i fucked youre mom
>>74062160
>I'm a 22 year old student with a McJob in a grocery store, and even I get healthcare, dental, stock, 401k, and $12 per hour.
you obviously don't since you seem to think you know what those terms mean something to a stockboy
>401k
what a fucking joke
>>74060414
health costs is not free you filthy ignorant
we have 3rd world tier hospitals and doctors, you have to wait 18 months for an urgent surgery, people actually go to the US and pay instead of waiting
this free health care meme has to fucking die, just like you would sitting in a Canadian emergency waiting room....
I would move to the US in a flash
you forgot the taxes on the poor and middle class, which are HIGH and go to pay for the fucking refugees
>>74061592
More or less our expenses are slightly more streamlined than yours, material and personal costs are similar, and we have a very odd heterogeneity in our services. Feel sick and go to the ER? In and out in 8 hours but free. MRI? 8 month to 1 year wait time or pay $1000CAD for coverage.
>>74062327
Yeah you got me you faggot, look at those benefits I don't have at all.
https://www.glassdoor.com/Benefits/H-E-B-US-Benefits-EI_IE2824.0,5_IL.6,8_IN1.htm
Fuck off.
>>74061661
We own everyone
daily reminder that Canadian health care almost killed Stefan Molyneux, so if you think healthcare being free you support his cancer getting SHOT
>>74060414
>Middle class people make minimum wage
kek
>American taxes on the rich are low
Highest corporate taxes in the developed world.
>>74060414
GEE, I DON'T KNOW WHY THE US JUST DOESN'T BOTHER RAISING THE MINIMUM WAGE TO BE MORE LIKE CANADA, MAYBE IT'S THE FACT THAT 1USD = 1.30CAD
>>74061823
Anything a government does besides building roads and locking up drug dealers is socialism now anon, didn't you get the memo?
>>74060414
>>74062760
>almost
not a vaild attempt
>>74061374
>blame 5% of the world's population for the world's economy
>>74061095
Sounds great but I can't do another language
>>74060414
> health costs
> free
>Canada
>>74060414
Healthcare isn't free here, it's just affordable. Minimum wage is cucking small businesses.
>>74061095
Wait for those refugees to trickle in.
>>74061454
>le non whites aren't human meme
>>74061467
>Scandinavia
>comparable to Venezuela
wew lad
>>74060414
I really don't understand why you communists love to boast about mediocrity, there's no pride in it.
I don't care about the bottom, I only care about the top.
>>74066098
>muh communism
>"Strong"
>"High"
>>74060414
The attached graphic boils down to 6 misleading points. We will examine each one, separately, as to illustrate how they're misleading:
• CANADA'S MIDDLE CLASS HAS SURPASSED THE UNITED STATES'?
This is a most interesting claim, mainly because the source routinely cited to substantiate it didn't technically show this in their data. "The income data were compiled by LIS, a group that maintains the Luxembourg Income Study Database," at which point it was "analyzed" by a website called "The Upshot," which is owned by The New York Times. [a] If you ignore the narrative that The Upshot or The New York Times added, and simply examine the actual data, you'll see that "the most recent year in the LIS's analysis is 2010." [a] This is VERY important since the meme is attempting to claim that Canada's middle class JUST SURPASSED the United States'. How is that possible to determine if the data only goes up to 2010?
Turns out, the ACTUAL data simply indicates that our countries are quite similar:
"Median per capita income was $18,700 in the United States in 2010 (which translates to about $75,000 for a family of four after taxes), up 20 percent since 1980." [a] Meanwhile, "median income also rose 20 percent in Canada (between 2000 and 2010) to the equivalent of $18,700." [a] Did you catch that? Median per capita income - in both countries - was actually the SAME EXACT estimate.
part 2 soon
>>74066350
Here's where the NY Times' changed that narrative, however, by literally adding their own speculation: "Median income in Canada pulled into a tie with median United States income in 2010 AND HAS MOST LIKELY SURPASSED IT SINCE THEN." [a] Those words - "most likely surpassed it since then," are not part of the original data, and at best, are nothing more than a journalist's guess. So it's true that Canada caught up to the U.S. in 2010, when using the particular measure of income that the LIS used, but no where did the numbers ACTUALLY show that Canada's middle class had earned MORE than the U.S.
Matter of fact, a Gallup survey conducted between 2006 and 2012 shows the United States with a per capita median income of $15,480 and Canada with $15,181 (adjusted using the World Bank's individual consumption Purchasing Power Parity conversion factor). [b] Another measurement - GDP per capita - shows that the United States and Canada have followed a nearly identical trend over the last decade. [c] Lastly, per the OECD, the U.S. bests Canada in equivalised median DISPOSABLE household income. [s] These figures add credibility to our argument that the United States and Canada are relatively similar, as opposed to alarmingly divergent, and if anything, the U.S. is still slightly ahead.
• CANADA'S HIGHER MINIMUM WAGE CONTRIBUTED TO THEIR SUPERIOR INCOME?
part 3 soon
>>74066389
The meme claims Canada's minimum wage is $10.45 an hour and implies that this superior minimum wage led to great prosperity. First, understand that Canada doesn't technically have a federal minimum wage, [d] but instead has different minimums in each of its provinces. It's true, however, that if you average the various territorial minimum wages together, it comes out to about $10.45 (caveat: some provinces change their wage floor every year). The more important thing to be aware of, however, is that this is CANADIAN currency, NOT U.S. currency. In other words, it still needs to be converted, just as Japanese Yen or Chinese Yuan need to be converted into USD, for us to understand what it's worth. Turns out, when converting the value of the Canadian dollar to USD, their average minimum wage is actually equal to about $7.94 USD. [e]
So how does that compare to the U.S.? Well, many already know that our federal minimum wage is $7.25, but that's not the EFFECTIVE minimum wage since "29 states and D.C. have minimum wages above the federal minimum wage." [f] In fact, when you adjust for those state's (and D.C.), the United States' average minimum wage is actually $7.95 USD [f], nearly IDENTICAL to Canada's. So the question must be asked; if our effective minimum wages were largely similar, can it really be argued that Canada's "superior" wage floor "caused" a spike in prosperity over that of the U.S. but that the United States' "inferior" wage floor "caused" us to fall behind? That's rather unlikely given their relative similarity.
part 4 soon
>>74066418
• CANADA'S HIGHER UNIONIZATION RATE CONTRIBUTED TO THEIR INCREASED PROSPERITY?
To answer this question, we need only to examine trends from the past several decades. Since 1980, Canada's (inflation adjusted) incomes have either hovered around the same level or increased [g], yet during the same period, Canada's unionization rates have DECLINED. In fact, from 1981 to 2012, Canada’s unionization rate specifically declined from 38% to 30%. [h] This should call into question the narrative that high unionization rates contributed to an increase in per capita income, since in reality, prosperity increases mostly occurred only AFTER the unionization rates had DECLINED.
• CANADA'S HIGHER TAXES FOR "THE RICH" CONTRIBUTED TO THEIR INCREASED PROSPERITY?
This, too, seems unlikely to be the case. The United States' top marginal tax rate (on regular income) is 39.6%. [i] In Canada, it's 29%. [k]
part 5 next
>>74066443
Furthermore, the top capital gains tax rate in the United States is 25% [i]. "In addition, taxpayers have to pay state and local income taxes on their capital gains income from zero percent in states that do not levy an individual income tax to as high as 13.3 percent in California." [j] Meanwhile, Canada's capital gains tax structure is actually quite different. Only HALF of ANY capital gain is actually taxed [l], and that half is taxed "as income," meaning it follows the combined provincial and federal tax rates. [m] Since the actual rate ONLY applies to half of the capital gain, the EFFECTIVE tax burden is less than that found in the United States, where 100% of the capital gain is susceptible to taxation.
Lastly, "The United States has the third highest general top marginal corporate income tax rate in the world, at 39.1 percent, exceeded only by Chad and the United Arab Emirates." [n] If the claim is that Canada's higher taxation of the rich contributed to their middle class "surpassing the United States," then how does one explain the fact that the rich have a greater tax burden in the United States?
part 6 in a bit
>>74066488
• CANADA'S "FREE" HEALTH CARE SYSTEM CONTRIBUTED TO THEIR INCREASED PROSPERITY.
First, note that health care in Canada is not free, it's merely paid by taxpayers. More important than that, however, is that the system has not come without significant detriment.
"In November 2014, the Fraser Institute released its 24th annual measurement of waiting times for medically necessary treatments in Canada. This most recent measurement shows that the national median waiting time from specialist appointment to treatment increased from 9.6 weeks in 2013 to 9.8 weeks in 2014." [o] In total, Canadians waited for an estimated 12.3 million weeks in 2014, much larger than the 11.8 million weeks estimated for 2013. [o]
In other words, it's getting WORSE, not better.
The study also calculated an estimated value of time lost while waiting for treatment. "Valuing only hours lost during the average work week, the estimated cost of waiting for care in Canada for patients who were in the queue in 2014 was $1.2 billion. This works out to an average of about $1,289 for each of the estimated 937,345 Canadians waiting for treatment in 2014." [o] Add to this the tax expense of funding said health care and you'll get the TRUE cost of Canadian health care.
For a comparison to the U.S., a separate report shows that, for the most part, we lead the pack in regards to preferential wait times, except for elective/non-emergency circumstances. [t] Of course, the United States' health care system is not without significant flaws, but Canada's system is FAR from making its citizens wealthier, as the meme implied.
part 7
>sorry but I must destroy OPs anus.
>>74066534
• CANADA'S "STRONG" BANK REGULATIONS PREVENTED A HOUSING COLLAPSE?
The problem with this premise is that the U.S. housing market did not collapse due to "weak" banking laws. It collapsed due to weak underwriting & loan criteria forced upon banks via legislation, regulation, and the executive branch, specifically through the Community Reinvestment Act, the Equal Credit Opportunity Act, and the Fair Housing Act. Per a National Borough of Economic Research Study entitled, "Did the Community Reinvestment Act (CRA) Lead to Risky Lending?," the conclusion was simple: "Yes, it did." [p] [q] Per the study,
"We find that adherence to the act led to riskier lending by banks: in the six quarters surrounding the CRA exams lending is elevated on average by about 5 percent every quarter and loans in these quarters default by about 15 percent more often. These patterns are accentuated in CRA-eligible census tracts and are concentrated among large banks." [p] [q]
"The strongest link between CRA lending and defaults took place in the runup to the crisis — 2004 to 2006 — when banks rapidly sold CRA mortgages for securitization by Fannie Mae and Freddie Mac and Wall Street." [p] [q]
CRA-friendly mortgages were described as ones requiring "less than 3% down" and ones which had "flexible underwriting." [r] Unfortunately, to satisfy CRA examiners, these "flexible" loans "rose an average 5%," and those loans then "defaulted about 15% more often." [p] [q]
"There is a clear pattern of increased defaults for loans made by these banks in quarters around the (CRA) exam. Moreover, the effects are larger for loans made within CRA tracts, or predominantly low-income and minority areas." [p] [q]
part 8 then wrap up
>>74066587
As you can see, the root cause of the U.S. housing collapse was an over abundance of risky loans given to people who ordinarily wouldn't have qualified. This led to abnormally elevated foreclosure rates. Most importantly, these practices were almost never the desire of private banks, but instead were procedures the government compelled them to comply with. This is absolutely vital information to understand, as it illustrates why Canada's market did not have the same struggles. Why? Because "Canadian banks were NOT compelled by laws such as our Community Reinvestment Act to lend to less creditworthy borrowers. Nor does Canada have agencies like Fannie Mae and Freddie Mac promoting "affordable housing" through guarantees or purchases of high-risk and securitized loans." [r] The truth is, our government was forcing banks to let people buy houses with "only a 3% down payment," but Canadians weren't receiving loans unless they had 20% down or had purchased mortgage insurance as to compensate the lending institution in the case of a default. [r] These - more sound underwriting guidelines - are what prevented dangerously high levels of foreclosures from manifesting in Canada. Bottom line: in Canada, it was the absence of our imprudent housing regulations which allowed them to avoid a housing bubble + subsequent collapse. It was NOT because they had more regulations for banks.
CONCLUSION:
The attached graphic consisted of 6 claims, all of which were questionable, misleading, or false.
sources next
Can't wait til this bubble pops
>>74066622
Sources:
[a]
http://mobile.nytimes.com/2014/04/23/upshot/the-american-middle-class-is-no-longer-the-worlds-richest.html?hp&_r=2&referrer
[b]
http://www.gallup.com/poll/166211/worldwide-median-household-income-000.aspx
[c]
http://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD/countries/1W-US-CA?display=graph
[d]
http://srv116.services.gc.ca/dimt-wid/sm-mw/rpt1.aspx?lang=eng
[e]
http://www.xe.com/currencyconverter/convert/?Amount=10.45&From=CAD&To=USD
[f]
http://www.ncsl.org/research/labor-and-employment/state-minimum-wage-chart.aspx
[g]
http://well-being.esdc.gc.ca/misme-iowb/[email protected]?iid=21
[h]
http://www.statcan.gc.ca/pub/75-006-x/2013001/article/11878-eng.htm
[i]
http://federal-tax-rates.insidegov.com/
[j]
http://taxfoundation.org/blog/how-high-are-capital-gains-tax-rates-your-state
[k]
http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html
[l]
http://www.moneysense.ca/taxes/capital-gains-explained/
[m]
http://www.globalpropertyguide.com/North-America/Canada/Taxes-and-Costs
[n]
http://taxfoundation.org/article/corporate-income-tax-rates-around-world-2014
[o]
http://www.fraserinstitute.org/uploadedFiles/fraser-ca/Content/research-news/research/publications/private-cost-of-public-queues-for-medically-necessary-care-2015.pdf
[p] http://www.nber.org/papers/w18609
[q] http://news.investors.com/ibd-editorials-perspective/122012-637924-faults-community-reinvestment-act-cra-mortgage-defaults.htm?p=full
[r]
http://www.wsj.com/articles/SB124165325829393691
[s]
http://www.oecd-ilibrary.org/sites/soc_glance-2014-en/03/01/g3-01.html?contentType=%2Fns%2FChapter%2C%2Fns%2FStatisticalPublication&itemId=%2Fcontent%2Fchapter%2Fsoc_glance-2014-7-en&mimeType=text%2Fhtml&containerItemId=%2Fcontent%2Fserial%2F19991290&accessItemIds&_csp_=d423624302a74d00bfd5a05312d5b0e5
[t]
https://www.fraserinstitute.org/sites/default/files/reducing-wait-times-for-health-care.pdf
>>74061222
:(
taxes on the poorest people are over 30% in quebec and it goes up well beyond 50% for everyone else
it's sickening tbqh and the amount of gov't corruption and union corruption in quebec is disgusting
overpasses literally fall apart and collapse before the government even thinks about replacing them
Why is taxes on the rich on high a good thing?
>>74066771
Because "hurrr da wan percent is ebil"
>>74066635
Might buy this gem and become a Canadian when it does.
>>74061095
>be 83.33% less likely to have HIV/AIDS
>>74066879
Nice meme
>>74061222
>good goy, those wealthy businessmen earned their weath! Surely we should lower their taxes and let the wealth trickle down!
>>74060414
You want socialism, check the GDR. Oh wait...
>>74060414
Fuck off sheep fucker
>>74067167
Thank you.
>>74060414
Looks like America is doing a lot better than Canada based on that graphic, although our banks are far too regulated. Everything is too regulated here.
>>74060414
You're not Australia. Stop trying to be.
>>74067223
>although our banks are far too regulated.
$0.04 has been deposited in your account
>>74064035
>>74060414
Dumbshit straya, Americans have an unshakable faith in capitalism on par with a jihaist's love of allah and virgins. Short of watching their kids starve to death in front of them while the monopoly guy gives them a golden shower, that's not changing.
Not sure it'd change even then, average American might just justify it as just trickle down economics coming to give their kids an education in economics and rant about how it'll make them stronger after the resurrection.
>>74067889
I'd agree with you before Millennials. Now, I hate my generation.
>>74061467
>no one can afford to buy anything in USA
>everything goes out of stock in Venezuela
>>74060504
Oh this pic is what /pol/ actually is
>>74066661
>>74066622
>>74066587
>>74066534
>>74066488
>>74066443
>>74066418
>>74066389
>>74066350
>mfw someone actually took the time to rape this meme to death
jesus anon
i'll be saving this desu
>>74060414
They didn't surpass the US, we just dropped below them.
Thanks Obama
>>74060934
Yeah but they have free healthcare and according to /pol/ autists its socialist stuff. Jeez Bernie wants free healthcare and education like most of Europe works and that makes him communist according to /pol/.
>>74066661
>>74066622
>>74066587
>>74066534
>>74066488
>>74066443
>>74066418
>>74066389
>>74066350
>>74060856
There's a difference between government building infrastructure and government regulating the flow of money
>>74060414
Taxes are high on everyone in Canada not just the rich
>>74061935
dude, seek help
really
>>74066661
>>74066622
>>74066587
>>74066488
>>74066534
>>74066443
>>74066418
>>74060414
> 10 CAD
> not worth 7 USD
>>74060414
N O N I G S
O
N
I
G
S
>>74060414
America has more blacks than Canada has citizens
>>74068828
goed gedaan!
>>74060414
Yes, it does.
>>74060846
Go to the states some time. They without a single doubt have a hell of a lot more purchasing power for capital to goods.
>>74060414
Ima run down the list here for the fags that are not from Canada.
Min Wage - Varies from Province to Province, it is not federally fixed.
Unionization Rate - Depends on the union.
Taxes on the Rich - Well that depends on how rich you are. In Canada, the more you make, the more you pay taxes. But the riches arn't paying taxes because they are not retarded and still use off-shore accounting (like USA, many Euro-fucks, Aus, and on and on)
Bank Regulations - STRONG... ass fucking for most Canadian consumers and average joes. I wouldn't be surprized if it was illegal to mass store cash in your safe because you didn't want to pay them so fucking much.
BUT LETS NOT FORGET THE MOST IMPORTANT AND NOT MENTIONED FACTOR.
Our assholes have been bleeding for two decades and counting, because of Phone/Internet companies. we have worse service than Korea and pay more than almost anyone else. We fucking cucked hard by the Internet jew.
Oh also.. The Healthcare Free bullshit.. We just don't jew you at the door. You're still going to pay for the cast somehow, and you're still going to pay for surgury at some point, as well as medication you may/may not need.
THE UNIONS HERE ARE PRIVATIZED BULLIES WHO STEAL FROM THE COMPANIES AND RHE WORKERS.
12%
>>74064035
>NIGGER CHIMP OUT-RATE
>FUCK ALL
really
https://www.youtube.com/watch?v=Qw6jp4R3GaI
>>74060496
>higher minimum wage meme
get off this board pal
>>74067193
>jews have the real power
>media controlled by jews
>media likes social programs which require high tax
But they want less taxes somehow? Taxing the rich means the gap between rich and poor increases.
>>74060414
Adjust for number of Niggers
