Inequality in Canada   Leave a comment

When Will Bankers Take Inequality Seriously?

TD Economics pondered the trend, and just couldn’t get too worked up.

By Crawford Kilian, December 1, 2014, TheTyee.ca

IncomeInequal_600px.jpg

TD economists seem not to read writing on the wall for Canada when they say: ‘In America, there has truly been a hollowing-out of middle skill jobs.’

It’s taken three years for the issue of income inequality to filter upward from the tents of the Occupy movement to the upper reaches of Canada’s banks. But we now have a report from economists Craig Alexander and Francis Fong of TD Economics that admits inequality is indeed an issue — what’s more, an issue affecting the top one per cent.

While they provide a useful overview of Canadian inequality, the economists reveal a striking lack of interest in its causes. That in itself tells us something about the attitudes of the business class.

The complete story is at: http://thetyee.ca/Opinion/2014/12/01/Inequality-Bankers/

Related

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: