For his first foreign visit as president, Barack Obama chose a country where no major banks have failed, home foreclosures pale by comparison with those in the United States, corporate and consumer debt is low, and citizens enjoy universal health care. Full Story »
Posted by Derek Hawkins
The Canadian's seem to be weathering the storm a lot better than most countries. With two experts from Canada's universities making the point that while the U.S. were on a spending spree with borrowed money, the Canadians went the conservative way, something I think the Republicans used to crow about.
While the Canadians did have to use a stimulus plan, it is no where in the scope and size of America.
facts and figures are in this story to illustrate the point that , altho effected, canada has fared much better than the u.s. or other major industrial nations during this international economic crisis. i would like to have read more in depth about some of the factors just touched upon, including health care system and cost, and the gov't's ongoing financial surplus.
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