It will be in the red again by EOD.

Why didn’t Canada have a housing crisis?

There are vast cultural differences. Americans over consume everything and that includes medical services. Government and consumers spend beyond their means. We have a litigious society. Canada is also significantly poorer on average with per capita GDP of $46,000 vs $63,000 for the U.S. Many of these same dynamics apply in European Countries vs us.

So if everyone hates this place and wants to be like Norway, keep in mind, we’d generally be poorer.

My point, is there are things we are really good at and plenty of things we have to get better at. Healthcare is probably at the top of the list of fixes. Primary education is right there as well.

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Hawaii (fuck) You

If we took away the outliers like billionaires in both countries how much of a difference do you think yearly income would be? I think that unrealistic, relatively unattainable wealth skews that data. Especially when one country has 600+ more billionaires than the other.

This is gross.

https://ceoworld.biz/2019/05/13/ranked-countries-with-the-most-billionaires-2019/

Most billionaires by country

1. United States 705
2. China 285



14. Canada 45

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We’re talking about higher median incomes and average per person GDP. Both are much higher in the U.S. By definition, median drops off the billionaires. With 325 million people, 700 billionaires don’t really impact the average GPD.


Every other country in the world would take our position over theirs. We have 4% of the world population and like 20% of the world’s economic output. The strongest and most well known global companies are American. We have a large technological lead. We have the best universities. We have among the lowest unemployment, consistently. For all our problems, we are best positioned overall.

Plus we have the best message board posters.

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Hawaii (fuck) You

So these globally known American companies, where are their products manufactured predominantly?

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Not Canada.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

If you’re talking Cat, Boeing, defense, Hollywood and food companies, here or markets where they are selling product. If it’s other manufacturing companies, they are made in China and Mexico. But so many of our companies are service related like Google, Microsoft, Facebook, etc. Those very high paying jobs are mostly domestic. And even Apple, the high value jobs are all here.

If you want the Chinese market position, then your incomes levels are about a fourth of ours. Their jobs are low wage factory work.

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Hawaii (fuck) You

Pelosi showing great leadership

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Be well

GO BEARS!!!

Can we all just move to Singapore?

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Be well

GO BEARS!!!

Representing wealthy San Fran well!

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Hawaii (fuck) You

I think the point I’m getting at is the issue of income inequality, and how it really exploded when manufacturing started to be outsourced.



The rich got wealthy, and it seems half the country is still spinning their hamster wheels.

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Singapore is an excellent example of good public administration. They have very high standards for their civil service, and in turn, government jobs are high paying. There are many things to be gleaned about the way their administer services.

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Hawaii (fuck) You

Top 10 companies by revenue. My guess as to where the “products” come from. Note that MANY of our large corporations products are software or services, which aren’t “manufactured” in the traditional sense.

Walmart—China
Exxon Mobil—manufactured by God/the earth. Tapped into globally
Apple—Hardware, China. Software, US
Berkshire—diversified, global
Amazon— software company, US
United health—services company, US
McKesson—not sure, Global
CVS—global
ATT—US
AmerisourceBergen—global

I think he was clearly joking. Canada has lots of poverty in cities and especially in the Maritimes, it's just not talked about much in America because we don't give a shit about Canada's business, they only have to care about ours.

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I know he was.

I like to poke the bear.

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Jbi, are you saving money? Are you building wealth? This goes back to a cultural problem when you start talking wealth and debt. Americans generally spend every dollar their earn and borrow as much as they can. So yes if you look at wealth, the bottom part of this country are getting killed.

We don’t have an income problem as we have among the highest median income in the developed world. We have a massive savings problem. Even families with six figure incomes are living paycheck to paycheck. We over consume.

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Hawaii (fuck) You

But we want to be Canada or China.....lol. We have 4% of the world’s population. Maybe we should be Denmark. I bet we could better exploit Greenland.

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Hawaii (fuck) You

It is easier for you to say these things from where you sit financially.

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I’ll bet they don’t let the citizens who rob and beat people out on recognizance bonds or electronic monitoring either .

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Proud member of the white guy grievance committee

It aint the six minutes. Its what happens in those six minutes.

I’m not getting your point. I don’t think we “exploit” countries. Products are manufactured globally, and all companies (US and foreign) take advantage of that. Each country has their own standards for pay, worker safety, etc. The only way to balance that are “evil” tariffs.

I think 70% of our economy is “services,” so no manufacturing whatsoever.

You’re an oil guy. Not sure how you can exploit an oil field?

Unlike America, the rest of the world doesn't have an industry built around incarcerating a significant number of their citizens. Why can't America be as great as Singapore? We'll never know.

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Be well

GO BEARS!!!

Just stop Denny. At this point you’re beating a corpse.

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Proud member of the white guy grievance committee

It aint the six minutes. Its what happens in those six minutes.

Remember when Walmart was just beginning to expand throughout the country and they used to have american flags throughout the stores touting all of the American made products?

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“Mr. Trump is unfit for our nation’s highest office.”- JD Vance
“My god, what an !diot.”- JD Vance tweet on Trump
“I’m a ‘Never Trump’ guy”- JD Vance

Yes, but like every oilfield worker my first few years here were spent paying off debt, buying a new vehicle, and loaning money to siblings. Everything is much more stable and enjoyable now for me savings wise.

Agreed there is a spending problem, but there is also a student loan and medical debt problem. God forbid you get cancer a couple years after you finish your masters.

Maybe wages need to increase, but how do you increase wages without destroying small to medium businesses?

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It was sarcasm.

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Hawaii (fuck) You

Yes no doubt. In response to that criticism, they have been expanding their American made product offerings, but it is sickening. I never go to Wal Mart, but it’s not like Target is any better.

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Hawaii (fuck) You

I messed up. I thought Jbills posted that, not you. denis is clearly a capitalist that I’m aligned with.

My mistake.

Wal-Mart is like a 3rd world country. At least when I buy my chinese goods at Target I'm not surrounded by the unwashed masses.

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For sure, you’re right. It’s actually easier for me because of where I came from and how I got to where I am at now. I see how well our system can work.

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Hawaii (fuck) You