you are viewing a single comment's thread
view the rest of the comments
[–] 16 points 6 months ago (6 children)

Canadian or Provincial annexation is a terrible deal for 2 main reasons.

US debt, and power projection, is on a near term collapse trajectory. Insane healthcare, military spending levels for no social services is higher effective tax/oppression rate on people/small business. Changes in provincial (and/or federal) government structure would be extremely disruptive.

Territorial possession of the US is far more likely than statehood. Far less generous autonomy (Quebec especially) granted by Federal government, and autonomy eroded continuously like native treaties have been. Increased north/south trade seems nice, but "real states" will get federal manufacturing incentives, and possessions will be hollowed out to 3rd world level. Jones act regulations on sea shipping means high cost of living.

While tariffs decrease unity as they should, the whole "protect steel and auto workers for outrageously expensive cars in states that don't have those industries" is reason for highest GDP states to secede from genuinely corrupt political process, that propagandizes swing states on national socialist domination of uneconomic operations delivering no results for them, and shit product for the oppressed states.

  • source
  • hideshow 6 child comments
  • [–] 5 points 6 months ago

    You definitely do not need to tell anyone on here twice my friend. Your comment could be used in a sub or two over at Reddit though. Then again, they’d probably just drown you out with “fucking libtard” comments.

  • source
  • parent
  • [+] -7 points 6 months ago* (last edited 6 months ago) (4 children)

    You do realize Canada's debt is higher than USA, right?

    EDIT: Always worthwhile getting downvoted but no evidence to the contrary. Typical.

  • source
  • parent
  • hideshow 4 child comments
  • [–] 4 points 6 months ago* (last edited 6 months ago) (3 children)

    The USA’s debt is about 30 times greater than Canada’s debt. Canada’s total debt is actually lower than the USA’s annual federal deficit. Canada’s *net debt to GDP ratio is far better than the U.S.’s at about 10% compared to over 100%.

    Did you specifically mean household debt?

  • source
  • parent
  • hideshow 3 child comments
  • [–] 1 point 6 months ago* (2 children)

    If you lookup debt as a percentage of gdp

    USA - 88.454%

    Canada - 136%

    If you compare debt by capita:

    USA - $75.8K per person

    Canada - $76.4K per person

    I'm using numbers from here:

    https://worldpopulationreview.com/country-rankings/countries-by-national-debt

    Which source is telling you USA debt is 30 times greater?

  • source
  • parent
  • hideshow 2 child comments
  • [–] 2 points 6 months ago* (1 child)

    Well I actually just divided $39 trillion by $1.3 trillion all by myself. I made a mistake in my comment and did not state that I was referring to net debt to GDP ratio, which the FRED and IMF and others track. You are correct that gross debt to GDP ratio favors the States. You are also obviously looking right past the column that shows the U.S.’s much larger gross debt, so I’m again curious why you just state “Canada’s debt is higher” when you can see that it isn’t.

  • source
  • parent
  • hideshow 1 child comment
  • [–] 1 point 6 months ago*

    I'm also the only one that actually bothered to include my source. There's always multiple ways to compare. I would say both Canada and USA have a debt problem. Freeland resigned because the budget came in with a $50+BILLION dollar deficit, Carney's last number was over $70B. (I didn't look it up, the numbers may be a bit off)

  • source
  • parent