According to data the Globe and Mail, the net worth of the average Canadian household in 2011 was $363,202, while the average American household’s net worth was $319,970. For the first time in the past generation, the average Canadian household was worth more than the American household.
In the same month, Canada’s unemployemy rate fell to 7.2 percent while the United States unemployment rate remained steady at 8.2 percent, with many critics quick to point out the United States long term unemployed to not accurately reflect the nations true unemployment numbers.
While the United States political leaders continue to blame the previous administration for their current economic crisis. President Obama earlier this week made a poltical gaffee stating that small business where not responsible for their success, but it was government who made their businesses successful.
Given that in the U.S. was admist a recover in early 2009 only to fall back to a recession, it really does make you wonder if “Obama’s change you can believe in” is really nothing more than pocket change you can panhandle for