One needs to look at the reality though. The Great Gatsby curve is one way to do this. In fact many countries do a better job of living up to the American Dream than America does, including Canada. And it is worth comparing average wealth, where the US is a top performer, with median wealth (a better measure of how well off most people are), where the US under performs. Here is a Perplexity link on the Great Gatsby Curve.
When Trump says 'new golden age' I hear 'new gilded age.'
The US is getting a government by and for the TBOs. Musk wants to drastically reduce government spending and remove debt ceilings so that he can access the trillions that will be needed to get to Mars. He is not really doing this to enrich himself, few of the world's wealthiest people are wealthy because wealth was their goal. He is doing this to realize his dream and everything else is subservient to that dream.
Time to reread Atlas Shrugged, which actually tells a story very different from what Ayn Rand intended.
Thanks and you make a great point. Canada is actually a sort of hybrid of the European and American approaches to running a country/economy. America works better as an idea machine that can accelerate faster than any other nation given its domestic market size. And Europe and Canada are now feeling the pinch in that area.
One needs to look at the reality though. The Great Gatsby curve is one way to do this. In fact many countries do a better job of living up to the American Dream than America does, including Canada. And it is worth comparing average wealth, where the US is a top performer, with median wealth (a better measure of how well off most people are), where the US under performs. Here is a Perplexity link on the Great Gatsby Curve.
https://www.perplexity.ai/search/what-is-the-great-gatsby-curve-X02LC8OzT5.lSv8dh59Y0A
When Trump says 'new golden age' I hear 'new gilded age.'
The US is getting a government by and for the TBOs. Musk wants to drastically reduce government spending and remove debt ceilings so that he can access the trillions that will be needed to get to Mars. He is not really doing this to enrich himself, few of the world's wealthiest people are wealthy because wealth was their goal. He is doing this to realize his dream and everything else is subservient to that dream.
Time to reread Atlas Shrugged, which actually tells a story very different from what Ayn Rand intended.
Thanks and you make a great point. Canada is actually a sort of hybrid of the European and American approaches to running a country/economy. America works better as an idea machine that can accelerate faster than any other nation given its domestic market size. And Europe and Canada are now feeling the pinch in that area.
One f the many reasons for Canada's failing innovation and productivity performance is that we invest too much in housing and not enough in innovation. This chart from Andy Yan should be burnt into all of our brains and it should be part of the conversation in the next election. Probably won't be of course. https://www.linkedin.com/posts/ayan604_canada-is-effectively-trying-to-compete-activity-7284658294839824387-cG_2?utm_source=share&utm_medium=member_desktop