Xref: utzoo can.general:1029 can.politics:1874
Path: utzoo!utgpu!watmath!watcsc!trivia
From: trivia@watcsc.uucp (Dave Nuttall)
Newsgroups: can.general,can.politics
Subject: Re: Free Trade: Why is there no 'Plan B'?
Summary: Canada vs. USA comparision
Keywords: debt, deficit
Message-ID: <1988Nov22.164836.8598@watcsc.uucp>
Date: 22 Nov 88 21:48:33 GMT
References: <410@telly.UUCP> <1826@pembina.UUCP> <6761@watcgl.waterloo.edu>
Reply-To: trivia@watcsc.UUCP (Dave Nuttall)
Distribution: can
Organization: University of Waterloo Computer Science Club
Lines: 17

In article <6761@watcgl.waterloo.edu> drforsey@watcgl.waterloo.edu (Dave Forsey) writes:
>Dare anyone speculate on what happens to Canada if the good-old USofA goes
>down the tube because of its trillion-dollar deficit?  Will the FTA help
>or hinder?  Or is Canada already too inextricably intertwined with the US
>economy?  Would it be better to be part of "1992" in Europe (to whom the
>US owes a lot of this money)?

One thing that people should look at, in my opinion, is that Canada has an
annual deficit of about 30 million, while the States picked up over 1 billion
dollars of additional debt last year.  Canada has around 25 million people,
while the USA comes up with 250 million people.  Therefore, the States, with
10 times the people, has over 30 times the annual debt.  (Hmm...)

Another point I've noticed involves the crime rate.  Toronto has about two
million people while Ney York has about 10 million.  New York has a lot more
than 5 times the murders than Toronto.  This is also valid with other crime
types as well.