Tuesday , 23 July 2024

Tag Archives: Uncle Sam

Uncle Sam vs. Johnny Canuck: One is Thriving, the Other is Just Surviving (+2K Views)

For the first time in recent history, the average Canadian is richer than the average American. According to data from Environics Analytics WealthScapes published in the Globe and Mail, the net worth of the average Canadian household in 2011 was $363,202, while the average American household’s net worth was $319,970. [In addition,] Canada’s unemployment rate...[has fallen to] 7.2%, and America’s [remains at] 8.2%. Canada continues to thrive while the U.S. struggles to find its way out of an intractable economic crisis and a political sine curve of hope and despair. Words: 805

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My Uncle Sam is in Trouble: Let Me Explain – Simply!

I've been trying to get across to friends and family how bad the economic situation has become... but with numbers in the billions and trillions they get a glazed/deer in the headlights look in their eyes. I have tried to overcome that problem by writing this article in such a way that the numbers can be more easily visualized which I hope will convince them - and you - of the serious nature of the US fiscal outlook. Words: 645

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