Tuesday, February 17, 2009

Maybe You Should Move to Canada

I put together a study.

And the purpose of the study was to calculate which countries would be the best to move to as the US becomes "progressively" more sucky (pun intended). However unlike most of my other research, I opted not to publish my findings in that, frankly, I get sick and tired of doing brilliant work and not getting paid for it, so if anybody wants the results they get to pay.

That being said, to help out those of you in America who are becoming "progressively" more worried the US is a sinking ship, never fear, there is an alternative; Canada.

Yes, Canada, the "socialist, semi-skilled at hockey" country to our north. The one we mock for being a European socialist state in the western hemisphere. The whipping boy and butt end of many jokes for generations of Americans.

Yeah, that country, the one that's about to kick our ass.

Laugh as you might, but though it is not the "ideal" country, it does rank in the top 25% of countries I calculated as superior alternatives to the United States. And by superior, I mean superior.

First allow me to post some statistics and then go over them briefly;


First you have the corporate tax rate. Oh sure, not a big advantage, but a large enough advantage it behooves the question, why havn't American firms been fleeing north to set up corporate HQ's? I mean if they're going to endure constant negative media coverage, an ignorant villianization of their existence, why suffer a 39.5% tax rate when you can suffer a mere 33.5% tax rate.

Oh, and did I mention they have nationalized health care? That may not seem like an advantage to us die hard capitalists, but for a corporation that would cut IMMEASURABLY MUCHO on their labor costs as they no longer have to pay health care insurance. So lower corporate taxes, plus savings of roughly 1/3 on labor, all the while still having the benefits of a modern, English speaking economy geographically close to their market. Please, somebody tell me why corporations haven't fled to Canada yet?

Second, corruption. I opined earlier that the US' corruption index would collapse under all the corruption, sleaze and parasitic scum buckets ranging from everybody like big fish like Bernie Madoff to the millions of smaller scumbucket fish like the investment banking, blue blood, bulge bracket nepotist and cronyists who got their jobs because of daddy and not because of skill, but forget that. Even ignoring that likely collapse, Canada is already significantly less corrupt. 8.7 vs. a 7.2. Why deal with a bunch of criminals in institutions such as the government, corporations, your employer or your educational institution when you can have significantly less crime in the institutions of Canada? It's not like we're Somalia, but give it time.

Third, government deficits as a % of GDP. Never mind that the OECD data I pulled for the US is already outdated as Obama just sign the "F#ck America over" bill which puts the real government deficit closer to 10% GDP. Let's just "hope" it stays at the previously OECD projected 5.2%. Whether it's 5.2% or 10%, it's a many-multiple of the insignificant .5% deficit the Canadians are racking up.

Fourth, and what does the fiscal recklessness that causes deficits culminate into? Why the national debt.

Yes, the national debt!

"Sick and tired of having to pay for what you want to consume? Why then just borrow it from future generations by saddling (and screwing them over) with the national debt. All you have to do is vote for socialists who couldn't balance their check books as mommy and daddy paid for their philosophy degree in college, who inevitably ended up in politics, because, well, that's where true scum bags with no skill end up. Slavery isn't dead! It's just deferred! Vote for the national debt!"

Apparently the Canadians (and I know, this sounds crazy) don't hate their children nor their grandchildren. Apparently they seem to have this thing called "fiscal austerity" or "fiscal discipline." Because they've ran smaller deficits, they naturally have smaller debts. Their national debt is only 22% GDP while ours is 52% (oh, and yeah, that doesn't include the debt the genius "stimulus" package just saddled us with).

So you can either forever serve in servitude to pay for the "Great Society" and social security and medicare (because that form of slavery is OK), or you can move and not be so indebted.

Fifth (or as Dave Chappelle says, "fif") corroborating their fiscal austerity and their remarkable ability to maintain the simple 3rd grade level concept of spending within their means, it is not just the government that seems to balance the books, but the people in general. The current account deficit, though a deficit, is only 1.8% of GDP compared to the US' 4.4% (again, Obama, socialists, stimulus, not adjusted, more like 10% GDP, etc. etc., never mind). Yes, not a surplus, but 1.8% versus what in reality will be closer to 11% in the US, where would you rather be.

And finally, six, that whole thing about "Canadians are taxed WAY more than the US!"

Oh really?

You see the ideal measure of the tax rate is government spending as a percent of GDP. In that revenues don't really matter since spending, not matter if you pay for it with borrowed money or current tax revenues has to be repaid with future taxes. I've mentioned this before, but for all practical purposes, the US and Canada have the same effective tax rates, both roughly 39%. At least in Canada you get "free" health care (and I know how weak that argument is, but just to goad the left).

Now there are many more measures in my little study, and these are just some of the main ones, but the question is the same I posed about Iceland. Why doesn't the Harper government just take advantage of the economic crisis in the US and simply pilfer and poach the most productive citizens from the US?

It's not like those hard working people who toiled and strived and saved every penny to pay their mortgage dutifully and on time have any more allegiance to the US. Certainly not after we've just bailed out every sub prime dead beat, and sub prime bank/banker that caused the crash. It's not like the responsible, productive citizens in the US are looking forward to financing the $1.2 trillion in future spending Obama used as a payoff to bribe all the masses into voting for him or bailing out the Peggy Josephs of the world. They're have to be treated just like any other human being and any other consumer; They're looking for a fair and just place to live where they can excel and keep the majority of what they've earned. And if Harper was smart, or heck, just all Canadians were smart, they'd realize the world's most productive talent is looking elsewhere. They'd realize a country is only as great as its people. They'd realize that if they could snatch away all the productive and creative labor in the US, they would have an economic engine that would not only transfer the REAL economic productivity from the US, but would basically inoculate themselves from any depression the US might have. Additionally the conservatives would bolster their ranks as the new immigrants would most certainly vote conservative, basically reproducing the opposite of what leftists in the US do as they try desperately to give illegal aliens the right to vote here in the US.

In any case, I know this is outlandish, it's crazy, and nobody is going to listen to it. But when your GDP is contracting by 12% because you're too closely tied to this Titanic known as the US, then you might just think about poaching some of that there talent from the US, and the talent from the US might just think about jumping onto another ship....despite the severe lack of any real good hockey teams.

;P

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