http://finance.yahoo.com/news/6-Signs-That-Youve-Made-It-To-investopedia-424
3472351.html?x=0

This one is really interesting if one looks at the 6 signs and for example,
compares them Canada/US.

# Home Ownership--probably no difference Canada/US

# Automobile Ownership--probably no difference Canada/US although my car
insurance in NYC about six years ago was 3 1/2 times what I'm paying now in
Vancouver (publicly owned car insurance

# A College Education for the Kids--major difference Canada/US--in Canada
combination of relatively low tuition, less pressure to leave home for first
degree and much less of a difference between the market value of the top
universities and the bulk of the universities means that a reasonably
university education is accessible to a much larger proportion of the
population

# Retirement Security--probably no difference Canada/US

# Health Care Coverage--major difference Canada/US--my health care costs me
$1200 for the year for myself and wife compared to $5500 (in 2006) for self
and wife and wife now likely uninsurable because of a chronic illness

# Family Vacation--probably some difference Canada/US because of general
accessability of relatively pristine and inexpensive vacation spots for most
Canadians

So on 2 of these factors (and possibly the third) Canada and I would expect
also Western Europe and Aus give its citizens a major leg-up towards the
middle class which I suspect has a lot of other consequences -- political,
cultural etc. down the road.  (I'm not absolutely positive but I believe
that the  European also manage their retirement and vacation processes
rather better than either Canada or the US and that would  mean at least 4
out of 6 for  Europe.)

So what else can/should one ask of a society/economy?

M


_______________________________________________
Futurework mailing list
[email protected]
https://lists.uwaterloo.ca/mailman/listinfo/futurework

Reply via email to