US Middle Class is losing ground to Canada

New / Mgmt
joVa81

New Mgmt

PRE
BMO, Finastra, RBC, Scotiabank
joVa81more
Sep 29, 2019 64 Comments

Bloomberg published the following article. Do you think this is true? Please share your thoughts.
https://www.bloomberg.com/opinion/articles/2019-08-29/america-s-middle-class-is-losing-ground-to-canada-s

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TOP 64 Comments
  • Microsoft M1Abrams
    If you are poor and you vote republican, well I dont feel sorry for your dumbass
    Sep 29, 2019 19
    • TripAdvisor owlwise
      Trump is literally a rich white liberal. Heck he's been conservative for less time than Warren has been a Democrat.

      Poor folks making less than 50k voted for Hillary FYI
      Sep 30, 2019
    • Wayfair / Eng
      pgXY74

      Wayfair Eng

      BIO
      Imagine being someone who actually fills out the “previously” field and letting HR narrow down who might be.
      pgXY74more
      So are you denying that he appeals to poor whites?
      Sep 30, 2019
    • Intel D’s🥜
      ^More like white Incels who fear a great replacement, because they know that they aren’t having any kids.
      Sep 30, 2019
    • New / Eng /dev/null/
      Trump demographic is uneducated rural whites who like guns, booze and football. These guys have no problem getting laid I can assure you. These are not incels.
      Sep 30, 2019
    • Wayfair / Eng
      pgXY74

      Wayfair Eng

      BIO
      Imagine being someone who actually fills out the “previously” field and letting HR narrow down who might be.
      pgXY74more
      Who doesn’t like guns, booze, or football?
      Sep 30, 2019
  • Amazon retag
    Average Canadian has been better off than the average American for a loooong time. The purchasing power only is a recent development, but universal healthcare has made an enormous difference for the middle class. In the US they struggle with medical bills, in Canada it's a complete non issue.
    Sep 29, 2019 10
    • Amazon t3x
      Groceries in Canada are not expensive. My food costs are higher in Seattle than when I lived in Canada. Much higher.

      Don't believe the dumb shit Republicans repost from their Twitter feed. They don't have a clue and just cut and paste nonsense.

      And while medical services aren't something you hope to consume weekly lots of people do hey sick and it's EASY to blow $50k on medical bills if you need an operation, and what's worse, if the illness means you can't work then you lose your company insurance and have to pay it all from your own pocket. Bye bye house. Bye bye savings.

      Even people with top tech jobs are vulnerable to that. Your top end company health plan may be great now but just wait until you get so sick you can't keep your job, and then once unemployed and with no insurance you get hit with an $80,000 bill.

      Good luck getting well enough to get back on your feet.

      The US is fucked up.
      Sep 29, 2019
    • Wayfair myting
      Hey dumbass. Stop posting bullshit.

      Groceries are much more expensive in Canada. Go buy some damn cheese, enjoynpaying $11 for a frighten 300g bar. Our health care is equally shit, all the good doctors with half a brain go to the US. The shitty ones get imported to Canada.

      Canada’s health care system is extremely expensive because people show up to the doctor for a stupid ass cold. There’s a swipe for the doctor, $25 in their pocket. Oh and prescribe drugs for those people too, because they’ll get addicted and come back and give us another $25!

      Ur whole post is jack shit lies. Kill urself for spreading such bs.

      Ur employers insurance extends past you getting fired. Also u cannot be fired under such a circumstance as far as I’m aware because u can sue the shit out of the company.

      Get real, spread facts not lies.

      13% sales tax will also annihilate ur anus. 53% upper tax tier will slaughter ur finances. Good luck making some dough in Canada, ur better off on welfare than slaving to pay ur 30y mortgage.
      Sep 30, 2019
    • Amazon t3x
      You can fart all you want. My actual experience is my food bill went way, way up when I moved to the US. Maybe it's just Seattle but it's certainly a lot more expensive than Toronto or Vancouver. My experience.

      Stop believing Twitter.

      And having had unfortunately pretty extensive direct personal experience with both countries healthcare system I can definitely say that I got a bit better treatment faster in Canada than in the US. This is with a good corporate plan, the middle class who have much worse insurance are just fucked here, while in Canada they got the same good care I did.

      Specifically I have required surgery and access to specialists in both countries and I waited LESS in Canada and got excellent care. I got for care in the US but I faced longer waits. This despite having insurance that lets me go direct to a specialist without a referral--it turns out that means the specialists are swamped by people work frivolous issues because no one is gating access and they are still a scarce resource

      In Canada I was able to see a specialist within six hours (emergency, referral, specialist) that I had to wait three days to get to in the US (emergency, escalated to resident, referral, wait, wait, wait). Trying to book directly with the specialist in the US was a three month wait which is why I went through emergency but that still wasn't fast.

      My actual experience.
      Sep 30, 2019
    • Wayfair / Eng
      pgXY74

      Wayfair Eng

      BIO
      Imagine being someone who actually fills out the “previously” field and letting HR narrow down who might be.
      pgXY74more
      > Seattle

      lol, that isn’t America
      Sep 30, 2019
    • Amazon t3x
      WA was admitted to the union as the 42nd state in 1889.
      Sep 30, 2019
  • iStreamPlanet / Eng
    mBCd05

    iStreamPlanet Eng

    PRE
    500 Startups
    BIO
    Tc or gtfo
    mBCd05more
    The MAGA rednecks and the stupidifying of US is one aspect.
    Sep 29, 2019 2
    • Wayfair / Eng
      pgXY74

      Wayfair Eng

      BIO
      Imagine being someone who actually fills out the “previously” field and letting HR narrow down who might be.
      pgXY74more
      Sure, keep shitting on working people. That’ll surely bring them to your side.
      Sep 29, 2019
    • Internet Brands / Eng clitchaser
      They won't even be able to read this.
      Sep 30, 2019
  • Microsoft whT?
    As an immigrant you don‘t feel welcome here... so yes, i believe it...totally...Trump is an embarrassment for this country
    Sep 29, 2019 5
    • Wayfair / Eng
      pgXY74

      Wayfair Eng

      BIO
      Imagine being someone who actually fills out the “previously” field and letting HR narrow down who might be.
      pgXY74more
      Then move to Canada?
      Sep 29, 2019
    • Bloomberg
      offByOme

      Bloomberg

      PRE
      Bloomberg
      offByOmemore
      Why? We make more here, we’re just more socially conscious ... we’ll leave if and when we want to
      Sep 29, 2019
    • Wayfair / Eng
      pgXY74

      Wayfair Eng

      BIO
      Imagine being someone who actually fills out the “previously” field and letting HR narrow down who might be.
      pgXY74more
      > if and when we want to.

      You don’t seem to understand how nation states work, my guy.
      Sep 29, 2019
    • Facebook / Eng null_user
      Pretty sure his statement reflects a strong understanding of nation-states
      Sep 29, 2019
    • Amazon bcbud
      Lmao wayfair probably thinks he works at a tech company as well
      Sep 30, 2019
  • Yes. It is hard to feel like you are getting ahead and saving for retirement and your family’s future on anything less than a tech salary.
    Sep 29, 2019 1
    • New / Eng /dev/null/
      You can only survive in US with FANG TC. I have 140K TC and I'm starving.
      Sep 29, 2019
  • Groupon / Eng sleepy
    It’s simple merit based immigration starting to work for Canada. Among the US immigrants only 25% have the bachelors while it’s 55%+ in Canada.
    However, Canada doesn’t get the capitalism correct. If they can fix it they’ll rock in next two decades.
    Sep 29, 2019 2
    • Facebook / Eng null_user
      Were you not alive during the Great Recession? When Canada rocked it and the US faltered. Methinks you not understand capitalism
      Sep 29, 2019
    • Groupon / Eng sleepy
      During the Great Recession oil prices were high, hence Canada escaped with relatively less issues. The same is true for Middle East.
      Sep 29, 2019
  • Verizon Media Atinlay6
    Fake news
    Sep 29, 2019 10
    • Apple Hansel2
      My bad, I used logic with a MAGA guy (an atinlay follower, no less).
      Sep 30, 2019
    • Verizon Media Atinlay6
      It’s an opinion article!
      Sep 30, 2019
    • Yelp / Eng sJJv80
      You disagree with the facts embedded in said opinion article?
      Sep 30, 2019
    • Verizon Media Atinlay6
      Sure do. Those are not facts
      Sep 30, 2019
    • Yelp / Eng sJJv80
      They’re not? Where’s your rebuttal paper, then?
      Sep 30, 2019
  • Microsoft
    Tier 1

    Microsoft

    BIO
    #1 in Prestige
    Tier 1more
    It’s easier to grow when your economy is smaller. 🤷🏻‍♂️
    Sep 30, 2019 3
    • Microsoft whT?
      Makes no sense at all
      Sep 30, 2019
    • Microsoft
      Tier 1

      Microsoft

      BIO
      #1 in Prestige
      Tier 1more
      How so?
      Sep 30, 2019
    • Microsoft / HR stormyD
      If it's easier to grow with less economy then all countries should catch up equally???
      Sep 30, 2019
  • Google gwM4A7
    There's so much more complexity to the middle class than just household income that the opinion piece skips, not that I'm denyi the middle class is hurting.

    Are there differences in typical household size? What about unskilled immigrants that Canada filters out? What about retiring boomers moving to fixed income, but are extremely high wealth? Does this metric account for net worth, which may be skewed in Canada by its real estate bubble?

    Also who let in the HuffPo/Yahoo News riff raff here goddamn.
    Sep 30, 2019 1
    • Amazon t3x
      It's always been true that the middle class in Canada is better off.

      The US has always been better for the wealthy, while Canada has always been better for everyone else.

      Even when the median income was lower in Canada the quality of life was always higher for the middle class. Better healthcare, less crime, better schools, home ownership, etc.

      In the US you need to live in a rich neighborhood or pay for private school, at which point you can do better than a typical Canadian public school that the average person sends their kids to in Canada. For the average person the Canadian system is better.

      Same story on healthcare.

      Etc.
      Sep 30, 2019
  • Zynga parott
    For a tech/banking/finance job US >>>>>Canada
    For everything else Canada >>>>> US
    Healthcare and student loans is the main differentiator.
    Sep 29, 2019 1
    • Groupon / Eng sleepy
      Defense related stuff are better in the USA too.
      Sep 29, 2019

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