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The untold tale about income inequality
Saturday, December 17th, 2011
Dec. 17, 2011
The media reports on income inequality never mention the life cycle of earnings experienced by all Canadians. After schooling, incomes are low but increase with age, reaching a peak around age 60 and drop again in retirement… reports also fail to note… temporary influences like illness, divorce, unemployment or lifestyle choices… Similarly, those in the top income brackets are there only for a limited period of time, like the athletes, performers and artists.. between 2002 and 2007 and found that 60 per cent moved into a higher income group after one year, 79 per cent did so after two, and nearly 90 per cent after six.
Tags: economy, ideology, poverty, standard of living
Posted in Equality Debates | No Comments »
Canada’s high-cost public service
Wednesday, May 5th, 2010
May 04, 2010
If the incomes of public sector workers were equal to those in the private sector, fiscal deficits of governments would be lowered by at least $19-billion. …the existing gap is due entirely to the higher levels of unionization of the public sector and to the disproportionate power the public-sector unions have in raising the incomes of their members.
Tags: budget, standard of living, women
Posted in Governance Debates | No Comments »
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