Monday, January 24, 2005

 

Canadian Non-Content

While Americans fret about how sustainable their latest boom (now, in its broader sense, fully a generation old) is, Canadians don't have that concern:

The average Canadian worker is only about 3.6 per cent better off now than they were 15 years ago — “that's virtually nothing, really,” Mr. Drummond said in an interview.

“Extra effort doesn't necessarily make you feel better off and taxes have been going up so much faster than your before-tax income,” he added.
We never had a Reagan Revolution.