The poor get poorer and the rich, richer

What most living in poverty already know:  they’re getting poorer.  And, what we suspected: the rich are getting richer.

“Average family market income among the 10% of families with the highest incomes rose by 22% from 1989 to 2004. Meanwhile, among the 10% of families with the lowest incomes, it fell by 11%.”

http://www.statcan.ca/Daily/English/070511/d070511b.htm

And who is that predominates in that lowest income category?  Yes, women.  And we can thank both the Libs and the Cons for that.  What a great legacy, eh?

Grrrr….
See also:

http://www.statcan.ca/bsolc/english/bsolc?catno=11F0019MIE2007298

http://www.statcan.ca/english/research/11F0019MIE/11F0019MIE2007298.htm

http://www.statcan.ca/english/research/11F0019MIE/11F0019MIE2007298.pdf

Thanks to Luke at B’n’R for the heads-up.

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3 thoughts on “The poor get poorer and the rich, richer

  1. Yes, and that’s why I am so worried about our country. If we don’t do something soon and fast, it’ll be too late.

    I know we’re not going to have an NDP government in the foreseeable future (then again, who knows?), but I am hoping the NDP can become the official opposition and push the Liberals out of the way, who are as useless as the Tories when it comes to these issues.

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