American Economics For Dummies...And Canadians
I recently read the below editorial from a very passionate but grossly uninformed Canadian liberal named Richard Brunt entitled: You American's Have No Idea how Good You Have it With Obama. Mr. Brunt's letter strung together a series of disconnected economic tidbits which are in dire need of context. I must admit that I found the over zealous reception this letter received from the American left to be depressing although not surprising. There is so much in it to respond to however I'll do my best to educate our northern neighbor. You Americans Have No Idea Just How Good You Have It With Obama Many of us Canadians are confused by the U.S. midterm elections. Consider, right now in America, corporate profits are at record highs, the country's adding 200,000 jobs per month, unemployment is below 6%, U.S. gross national product growth is the best of the Organization for Economic Cooperation and Development (OECD) countries. The dollar is at its strongest levels in ye