Productivity and the evil of unemployment

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Unlike competition, U.S. values profits over jobs
The United States is out of step with the rest of the world’s richest industrialized nations: Its economy is growing faster than theirs but creating far fewer jobs.

msnbc.msn.com/id/42349181/ns/business-world_business/from/toolbar

any comments?

peace
I don’t think this MSN story represents a true full scope picture.

OK sure the Canadian Dollar is marginally stronger now than the American dollar.
No big deal its only short lived.

Does it really benefit the average Canadian taxpayer? Not a chance.

Per-capita given the tax rate on comparable identical job in both countries a Canadian will pay a much higher federal/provincial year end tax in comparison to an American paying federal/state year end taxes doing the same job.

Ask any Canadian how he/she feels about being taxed to death by governments

As usually the above the top rich never pay a red damned cent.

Most commodities like automobiles and food prices in the U.S. is still cheaper although I fail to understand why most household electronic ticket items big and small are cheaper in Canada as are pharmaceuticals.

Unemployment is always on a roller coaster. The bank fall outs in the U.S. didn’t help making recovery slow. And now we have the third biggest economy in the world is reeling in the aftermath of a devastating earthquake in Japan.

This MSN article seems to paint Canada reeling in a cash-cow of financial glory.

I sure as hell don’t see it that way. But don’t just take my word…ask the 33 million Canadians paying taxes.

Peace
Chris
 
I feel we need to work our way out of this mess. To me the shift from jobs to productivity regardless of employment will exacerbate the recession. I have spent much time working in Canada. While it is no utopia it is more humane. Here there is an incessant desire to maximize profits at the margins. I thought technology would rescue mankind, and free us for greater persuits?

peace
 
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