Even the Conference Board Warns about Income Inequality
A new Conference Board of Canada report should be an eye-opener to those who think that high unemployment and changes in the EI rules that will penalize seasonaal workers are nothing to worry about.
"Canada places 7th and gets a “B” grade in the Society report card. Despite the solid performance, high rates of poverty and a large gap in income between the rich and everyone else put stress on a society and on the economy. Rising poverty rates and greater income inequality can mean a weakening in labour force attachment and social cohesion."
(Emphasis added.)
Who comes in first? The usual suspects: Denmark, Norway, Sweden, Holland, Finland and Austria, in that order. The US is 17th: Paul Krugman would understand.
(BTW, my intention had been to stop blogging regularly here, but obviouslyl I can't, not when there are interesting things to point out. So stay tuned: there may not be new material everyday, but there will be frequently...)
"Canada places 7th and gets a “B” grade in the Society report card. Despite the solid performance, high rates of poverty and a large gap in income between the rich and everyone else put stress on a society and on the economy. Rising poverty rates and greater income inequality can mean a weakening in labour force attachment and social cohesion."
(Emphasis added.)
Who comes in first? The usual suspects: Denmark, Norway, Sweden, Holland, Finland and Austria, in that order. The US is 17th: Paul Krugman would understand.
(BTW, my intention had been to stop blogging regularly here, but obviouslyl I can't, not when there are interesting things to point out. So stay tuned: there may not be new material everyday, but there will be frequently...)
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