Welcome to the Socialist States of America

Father Raymond J. De Souza, NP:

At the airport here in Omaha, Warren Buffet greets all arriving passengers. The celebrated investor doesn’t do it in person, but a large billboard of him is the first thing you see upon arrival in his home town. Few cities have a money manager as their local hero. The virtues of Warren Buffet’s approach — look for good fundamentals, seek value where others overlook it, be patient and aim for the long term — are not just an investment philosophy, but indicative of a the general attitude people like to think they have in the Great Plains — thrifty, careful, farsighted, self-reliant.

To the extent that Middle America thinks about Canada — which is not very much — it’s the softer, spendthrift, statist neighbour to the north. It’s not unusual to hear us described as socialist, or at least some of our programs. So it would be a surprise to most Americans, and perhaps Canadians too, to realize that the United States could learn something from Canada about how to run a less statist economy.

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