Sunday, January 3, 2010

Canadian news is boring

It's much more fun to look at US economics, since it actually has stuff happening. Like the fact that the net job creation in the past decade in the US has been 0. 0% net job growth. That is quite scary, since the economy hasn't been that bad until the last 3 years or so. That means all the jobs created in the first half of the last decade were all lost, and then no more were created in the last 5 years. The recession did exist, and it may be over now, but the americans are going to have to suffer for quite awhile. The financial crisis with sub-primes is over, or so some say, but look at the debt amassed by the US. Are they still considered to be a superpower? The housing bubble completely destroyed the economy, leaving many americans without jobs and money. The major banks had a fallout and required a bailout. All this money needed, and none to be found.

Enough about economics, lets move on to the next big news topic in the US right now, health reform. Americans look at Canadians and our health insurance, and they become very jealous. Yet there are still out-spoken critics on getting universal healthcare in the US. Sarah Palin, for one, despises health care, and thinks Canada should get rid of it, so businesses can make money off saving lives. Harvard conducted a study with Cambridge Health alliance and the results were that 45,000 deaths occur every year, due to lack of health insurance. To put this into perspective, there are more deaths from lack of health coverage than there are deaths from kidney disease. There are 775 deaths due to terrorist attacks every year, which is still nothing compared to the 45,000. I could be cynical and say this is an adequate form of population control. Canadians have health care, so the statistic for us is 0. 0 deaths every year due to health care. Just looking at these stats alone should be enough reason to accept the health care reform. But is anything being done yet? Yes and no. Progress is being made, but there are still many lobbyist who do no want health care. Main reason is cause when healthcare is universal, where is the money to be made?

7 comments:

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