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To: demlosers
This author is disingenuous at best, deliberately deceptive at worst. The December non-gain was an anomoly. It was also later revised up to 16,000. Want to compare economic growth Canada? Bring it on.
19 posted on 03/10/2004 3:40:53 PM PST by Dilbert56
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To: Dilbert56
Want to compare economic growth Canada?

There really is no valid comparison. Canada didn't take the same hit after the dot com bust and we aren't in the same position vis a vis outsourcing that the U.S. is. Numbers in the States look good and I have confidence they'll continue to improve over the short and medium term. The U.S. economy is far more resiliant and fundamentally strong than the Canuck economy. You are far more diverse and innovative than we are, and that gives you the chance to gain greater ground faster than we can in good times. America isn't burdened by the huge statist element we have to deal with. We are also far more unionized and don't have right to work laws; this consistently works to our disadvantage, although our weak dollar does mitigate the impact somewhat. Recall as well that even in the lowest tax jurisdictions we enjoy we are still above U.S. levels in most cases. You have significant advantages in a strong economy, and that's a good thing for America.

22 posted on 03/10/2004 3:48:47 PM PST by mitchbert (Facts are Stubborn Things)
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