^ But socialized medicine makes it cheaper for General motors to relocate in Canada, for instance, since they no longer have to cover employees' medical insurance. Which is why auto workers are being laid off in the US and hired in Canada, where these jobs strengthen the tax base and provide local communities with long-term, high-paid jobs.
And what about corporate welfare? What about governments routinely bailing out failed or fraudulent banks and businesses with political connections, like the savings and loan debacle? Or the Enrons and Worldcoms squandering employees' pensions? Who's supposed to pick up the bill for that?
You guessed it, the taxpayer.
You say most governments run on a deficit.
Not "socialist" Canada:
Quote:
- On a total government, National Accounts basis:
- Canada was the only G7 country in surplus in 2006, according to OECD estimates.
- The OECD projects that Canada will be the only G7 country to record a surplus in both 2007 and 2008.
- Canada’s total government net debt-to-GDP (gross domestic product) ratio, which has been the lowest in the G7 since 2004, is estimated at 27.6 per cent for 2006.[1] The OECD expects Canada’s debt burden to continue to decline in future years.
- Canada is on track to eliminate its net debt by 2021. By doing so, Canada will be able to count itself among the very few OECD countries that are in a net asset position.
- Budget Plan, Annex 2 (Budget 2007)
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Not "socialist" British Columbia, either.
What
"deficit"? Taxes in Canada have remained steady. Meanwhile, property values continue to increase across the country and the economy is still growing. Why do you insist the US, with it's legions of poor, tax breaks for the rich, and gargantuan debt, has a better system?
It doesn't. It's a crap system.
How about posting some actual data
for a change.