Canada: Report Documents 25 yrs of Income Redistribution from the Poor to the Rich

According to a new report from Statistics Canada, the rich are getting richer and the poor are getting poorer. That may be no surprise. But the scale of the injustice, and its persistence for a quarter century, is remarkable. According to the report: “Between 1980 and 2005, median earnings among the top 20% of full-time full-year earners increased by 16.4%. In contrast, median earnings among those in the bottom one-fifth of the distribution fell 20.6%. Median earnings among those in the middle 20% stagnated, increasing by only 0.1%.” (link)

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