Canadians who have lived in the US

Never give in--never, never, never, never, in nothing great or small, large or petty, never give in except to convictions of honour and good sense. Never yield to force; never yield to the apparently overwhelming might of the enemy.
Sir Winston Churchill, Speech, 1941, Harrow School

This is for michaelredeagle. I feel sir winston shows what the best of a true conservative statesmen can do in such a short time. Unlike Neville Chamberland, Shows what a liberal statesmen does over a long period of time.

An appeaser is one who feeds a crocodile - hoping it will eat him last.
Sir Winston Churchill

The Canadian economy is falling behind more and more in fact. Latest figures show the real GDP to be at 0.2% at the moment. Also exports are down -0.9%.

http://www.canadianeconomy.gc.ca/english/economy/#top

On the other hand GDP growth in the U.S has been fantastic the last few years, many thanks to high productivity, low dollar, low interest and mortgage rates, increased consumer spending as well for President Bush's tax cuts which helped spur economic recovery. At this moment unemployment is at 5.4%, which is actually very healthy compared to other developed nations currently.

All this nay say about bad economic times in the U.S is garbage, I think it was a result of the 2004 elections when Kerry tried to paint a gloomy picture of the economy in order to gain ground.

Last I read in the newspaper corporations in the U.S have about 7 trillion in capital just waiting to be spent so we should see larger employment gains in the near future. I also read that the European economy is 20 years behind the U.S economy in another forum...I'll try to find out the source if I can.

"Why is it I always hear abotu the bad american economy then? msoty from american soruces too."

Because Canada only gets left-wing media perspectives.

thats all great if its true, i tend not to beleive a lot of what i hear, unless i see a reputalbe source (ie, not fox news).

i'm not denying it might be true.
I do seriosuly question the unemployment rate though, i think its much higher than that.

Its 5.4% you could see it on the site alien put up and many other sites do search on US unemployment rate. You could even go to the NY Times (very Left wing) web site and check it. I saw a study last year where CNN and MSNBS and what we call the big three ABC,CBS, and NBC. Had mad lets say "inaccurate reports" 3 times more than FOX NEWS. I will try to find it.

Have you ever watched Fox news or actually visited their website? I don't think you can criticize them untill you have actually watched what they report.

Here is a small piece from the Economist, a well respected magazine world wide:

"After nine years of robust growth, America’s economic bubble burst in 2000. Technology shares plunged in the spring, presaging a sharp economic slowdown later that year. The Fed slashed interest rates but the economy failed to pick up and was in recession before the devastating terrorist attacks of September 11th 2001. Its health took another knock in December when Enron's collapse shook investor confidence.

Yet once again America's economy defied the pessimists by surging in the first three months of 2002 and obviating George Bush's $42 billion economic-stimulus bill. A rash of corporate scandals in late summer brought turmoil in the equity markets and fears of a “double-dip” recession, or even the onset of deflation, but the worriers despaired too soon.

In spring 2003 George Bush reshuffled his economic-policy team and signed into law a second big tax cut (even though the large budget surpluses he'd projected had almost disappeared). By the third quarter of 2003 GDP growth was a sizzling 8%; growth in the fourth quarter, though slower, still topped 4%."

Here are unemployment figures for Feburary 2005:

"In February, both the number of unemployed persons, 8.0 million, and the un-
employment rate, 5.4 percent, returned to their December levels after dipping
in January. The jobless rate had been either 5.4 or 5.5 percent during each
of the last 6 months of 2004."

http://www.bls.gov/news.release/empsit.nr0.htm

So no, I'm not making anything up...all the data I posted holds true and always has.

Here is the source for the Economist article:

http://www.economist.com/research/backgrounders/displaybackgrounder.cfm?bg=937843

Okay...here is that article about the EU economy lagging behind the U.S:

EU economy 'at least 20 years' behind US
11.03.2005 - 17:43 CET | By Richard Carter
EUOBSERVER / BRUSSELS - The US economy is 20 years ahead of that of the EU and it will take decades for Europe to catch up, according to an explosive new study published on Friday (11 March).

The survey, unveiled by pan-EU small business organisation Eurochambres, is intended as a sharp "wake-up call" for EU leaders as they gather on 22 March for a summit on how to boost growth and jobs in the EU economy.

The EU's current performance in terms of employment was achieved in the US in 1978 and it will take until 2023 for Europe to catch up, the report shows.

The situation is scarcely better when it comes to income per person. The US attained the current EU performance in 1985 and Europe is expected to close the gap in 2072.

But the bleakest picture comes when comparing the two economic blocs in terms of research and development. Europe is expected to catch up with the US in 2123 and then only if the EU outstrips America by 0.5 percent per year in terms of R&D investment.

Presenting the survey, Arnaldo Abruzzi, the Secretary-General of Eurochambres, said, "the current EU levels in GDP, R&D investment, productivity and employment were already reached by the US in the late 70s/early 80s".

"Even the most optimistic assumptions show it will take the EU decades to catch up and then only if there is considerable EU improvement", he concluded.

Furthermore, the survey points out that enlargement will make the EU's mountain even harder to climb.

"Data clearly suggest that including the 10 new member countries in the comparison would further deteriorate Europe's position compared to the US for all four major indicators", says the report.

The survey was conducted using a method called the "time distance measure", pioneered by Professor Pavle Sicherl at Ljubljana University.

Eurochambres called for EU leaders to focus on concrete actions to revive the EU's economy and for a communications strategy to lay out the economic challenges facing the EU.

The group represents 18 million enterprises across Europe.

http://www.euobserver.com/?sid=9&aid=18646

"Recovering domestic demand could also help growth in Canada, even if its currency continues to rise against the dollar on expectations of future rate rises. Growth estimates for the smallest G7 economy, recalculated by Reuters from original annualised forecasts, were 2.7 percent this year and rising to 3.2 next year."

http://economics.about.com/od/taxesande ... growth.htm

[quote="michaelredeagle Fox News, (who, by the way, are not brainwashing anyone, they are enforcing the ideals of the few nutty warhawks with the loud mouths and small brains, the smaller the brain, the louder the mouth, watch and see for yourself) And when they get their facts wrong, they apologize in a side note at 11:30 at night.

This is what you said about Fox news dont try and spin it like you never said anything about them.