Friday, February 04, 2011

Proof Is In the (Canadian) Pudding

The top headline at Drudge is juxtaposing the 36,000 jobs added in the US in January with the 69,000 jobs added in Canada. Doubtless that I need not point this out to the ultra-savvy regular readership of NBfPB, but if there are any stragglers on the site let me point out that Canada has a population of 34 million while we have 300 million. So let's adjust those numbers for population and Canada's job addition is equivalent to 609,000 jobs. In other words, they are leaving us in the dust, ya nyooh. Doubtless due to alot of factors, but it is worth noting that Canada a) had no such crazed policy of promoting home ownership at nearly any cost and thus no Fannie Mae or Freddie and thus no reationary, job-killing, regulating of their banks into the ground, b) Canada is loosening the government's grip on healthcare, moving in a more market-friendly direction, c) they have a strong currency, d) Canada is drilling, drilling, drilling, unshamed to explore for and develop wondrous hydrocarbons, and e) they are signing free trade agreements. Pretty much the exact opposite of what the US is doing in terms of economic policy. The proof in the pudding my friends.

UPDATE: In re jobs, the man himself, Rick Santelli, rains truth down on Steve Leisman's annoying poppycock (again). (Note: Someone pointed out to me recently that NBfPB has taken on a noticeably less family-friendly tone with a rougher lexicon, so I am taking pains to reverse trend, it's just that developments of late have me so incensed.)

1 Comments:

Blogger Richard said...

Santelli is our modern day Thomas Paine.

12:08 PM  

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