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Korean Job Discussion Forums "The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
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Unposter
Joined: 04 Jun 2006
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Posted: Fri Jan 04, 2013 12:07 am Post subject: |
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So, if Americans have higher salaries but significantly lower wealth, what is causing it?
Is it that the cost of living is just that much higher in the U.S.? Is it because Canadians receive sufficient government services that they don't have to spend as much money as Americans? Is it just because Americans had put too much wealth into their homes and when the housing bubble burst lost their shirts? All of the above? Thoughts? |
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Unposter
Joined: 04 Jun 2006
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Posted: Fri Jan 04, 2013 12:10 am Post subject: |
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I guess I am in a similar situation here in Korea as Canadians. My salary is significantly lower than most of my friends back in the U.S. but my total wealth is much higher. I guess a lot of it is due to a lower cost of living including health care and public transportation. |
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visitorq
Joined: 11 Jan 2008
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Posted: Fri Jan 04, 2013 1:35 am Post subject: |
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No_hite_pls wrote: |
I hope those stats are right. You'll need that extra income in the states to pay your health insurance premiums. To have health insurance in the states that covers everything with no co pays and no max payouts like in Canada it would cost you at least 10,000 a year in an insurance premiums but in Canada it is largely free. If you have family like me it would cost even more than 10,000 a year in states to have full coverage with no co pays. |
Please. The cost of healthcare in the US is indeed too high (due to excessive regulation, although the quality is still much better) but let's not pretend it's "free" in Canada. What's the tax rate up there? If you're making a decent salary, I'm pretty sure it's like over half your paycheck (plus all the other taxes). The health care is also not very good, and they actually encourage longer wait times to keep demand lower.
Anyway, the real point is that you were wrong to say that Canadian wages are higher, so I just wanted to point that out. |
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12ax7
Joined: 07 Nov 2009
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Posted: Fri Jan 04, 2013 4:53 am Post subject: |
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rollo wrote: |
More Canadian chest thumping!!! What about taxes. that article is nonsense. Sew another maple leaf on your backpack. |
The tax rates in the US and Canada are practically identical. |
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12ax7
Joined: 07 Nov 2009
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Posted: Fri Jan 04, 2013 4:54 am Post subject: |
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Steelrails wrote: |
Comparing Canada to the US makes about as much sense as comparing Singapore or even Norway to Canada. Complete Apples and Oranges. |
Clearly you don't know what you're talking about. Norway: social democracy. Canada: social democracy. |
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12ax7
Joined: 07 Nov 2009
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Posted: Fri Jan 04, 2013 4:59 am Post subject: |
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recessiontime wrote: |
TheUrbanMyth wrote: |
recessiontime wrote: |
Ah yes, this article explains why there are so many of us living abroad in Korea just to secure full-time work. I guess conservative socialism works afterall...
/sarcasm |
Compare the number of Canadians here to the number of Canadians living in Canada. We are a tiny amount not even one percent.
We are the exception and not the rule. So to measure conservative socialism by that standard doesn't work.
Which is not to say that conservative socialism is a raging
success. |
Oh yeah? Try comparing the number of USA citizens to Canadians teachings in Korea. I remember at my EPIK orientation Canadians outnumbered Americans 6 to 1, not bad since the entire canuck population fits into the state of California! Again, I have to question why you work overseas on a visa instead of finding a nice career job in your homeland paying taxes to your beloved Canadian government. Go on, tell me that you have ample opportunities at home but you rather enjoy the cultural niceties of Korea. |
For people straight out of university, it's difficult to get a job since the Canadian workforce is the most educated in the world.
http://www.nbcnews.com/business/most-educated-countries-world-1B6065913 |
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12ax7
Joined: 07 Nov 2009
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Posted: Fri Jan 04, 2013 5:18 am Post subject: |
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recessiontime wrote: |
Tim, check out your own link. It clearly shows a disproportionate number of Canadians compared to Americans. In 2008 there were 8980 Americans and roughly 4800 Canadians. Keep in mind that the US has 10x the population of Canada. There should roughly only be 900-1000 Canadians proportionally but instead we see almost 5000 ! How can you account for this huge discrepancy? |
Simple. Canadians are more desirable in the eyes of Koreans. No, I'm not being facetious at all. Many Korean employees think that Americans from certain parts of your country speak incomprehensible English, which is ridiculous since you need a university degree to get an E2, and well-educated people are capable of speaking in a more standard form of English. That's why your buddy from Texas understands your buddy from Ireland even though both wouldn't have a clue what the other was saying if they used their respective dialects. |
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12ax7
Joined: 07 Nov 2009
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Posted: Fri Jan 04, 2013 5:25 am Post subject: |
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rollo wrote: |
How in the world can you compare a population of what 24 million with a population of 315 million and in the U.S. factor in the 12 million illegals. No way that you can make a real comparison. but what ever warms your heart.
Of course if oil prices drop a little, Oh thats right China is going to be taking care of your oil for you. Well an empire built on oil and selling toilet paper to the U.s. is your idea of sucess.
good luck |
24 million? Last time there were 24 million Canadians, I was probably in elementary school. It's now 34.5 million.
High-technology exports account for 14% of all Canadian exports. Yes, it's not just oil and toilet paper as you say. |
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12ax7
Joined: 07 Nov 2009
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Posted: Fri Jan 04, 2013 5:32 am Post subject: |
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MoneyMike wrote: |
I'm curious as to where all the hate on Canada in this thread is coming from. In my almost 4 years in Korea I've never once met a Canadian who was all 'ra ra ra go Canada Molson forever yeeeeaaaaaaah!' Most of us see being from Canada as incidental to who we are. Has anyone here actually really met a Canadian in real life that was like this??
Myself, I look at America's low taxes and cost of living with envy. Your politics, however, are endlessly entertaining. |
That's because Molson sucks.
Taxes in the US are comparable to taxes in Canada (heck, if you live in Alberta, taxes might be a lot lower than in the US).
Yes, American politics certainly are entertaining. Makes me happy I'm not American, though. |
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12ax7
Joined: 07 Nov 2009
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Posted: Fri Jan 04, 2013 5:39 am Post subject: |
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rollo wrote: |
Geography for one. Americans dont travel abroad. Why should they, beaches they got great ones in Florida, Texas Alabama California, Mountains, ? the Rockies in the West the Appalachians in the East. Culture New YOrk Chicago, San Francisco. A wonderful system of roads to make travel easy and why leave the country. Its not fear of travel its just that the U.S. offers so much. You want a winter without cold weather just go to Florida, So. Cal. Arizona.
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PS. Failed geography in school, eh?
http://en.wikipedia.org/wiki/File:AppalachianLocatorMap2.png
http://en.wikipedia.org/wiki/File:RockyMountainsLocatorMap.png |
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12ax7
Joined: 07 Nov 2009
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Posted: Fri Jan 04, 2013 5:42 am Post subject: |
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Captain Corea wrote: |
Spending on assets is one thing... spending other people's money on assts is another. |
If only it were the same. |
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12ax7
Joined: 07 Nov 2009
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Posted: Fri Jan 04, 2013 5:48 am Post subject: |
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supernick wrote: |
As to why there are more Canadians in Korea teaching per capita is simply beccause there are many young university graduates armed with passports, coupled with a willingness to re-locate. Canadians have been moblile for many years - just something in their nature. |
That's also a huge part of it. Maritimers, particularly, have been leaving for decades to seek employment in other provinces or abroad before returning home. For example, my grandfather had already been around the world a few times by the end of the 1930s. |
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12ax7
Joined: 07 Nov 2009
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Posted: Fri Jan 04, 2013 6:00 am Post subject: |
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lowpo wrote: |
No_hite_pls wrote: |
recessiontime wrote: |
Tim, check out your own link. It clearly shows a disproportionate number of Canadians compared to Americans. In 2008 there were 8980 Americans and roughly 4800 Canadians. Keep in mind that the US has 10x the population of Canada. There should roughly only be 900-1000 Canadians proportionally but instead we see almost 5000 ! How can you account for this huge discrepancy? |
Many Americans are afraid to travel, and believe that America is the greatest country on earth as fax news tells them. I personally know many people like this back home. They can not fathom that there can be opportunities outside the US. Canadians are less likely to be taught that they are the greatest country in world.
Come on, I can't believe you actually asked why there is a huge discrepancy. |
Your telling me that Canadians don't brag how good Canada is or look down on Americans! |
Why? Should we? |
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12ax7
Joined: 07 Nov 2009
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augustine
Joined: 08 Sep 2012 Location: México
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Posted: Fri Jan 04, 2013 8:40 am Post subject: |
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Did I count eleven 12ax7 Canada power posts in a row? Consider the inferiority complex confirmed.
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... your buddy from Texas understands your buddy from Ireland even though both wouldn't have a clue what the other was saying if they used their respective dialects. |
Discounting limericks and small southern city US stereotypes, as well as your very general anecdote regarding dialects, it's not as black and white as you think. I was raised in Texas. I have no southern accent whatsoever, nor do 95% of people I know and grew up with. Do we all say "get 'er done" and do all of the America's-cold-beanie inhabitants say "It's cooode, eh"? I hate to use stupid generalizations... but I think you're trying a little too hard. |
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