 Dones
join:2008-02-14
Toronto, ON | To be 1% in Canada is to make $201,000 Wow. My dad used to make around $150,000 a year, that's pretty close.
»fullcomment.nationalpost.com/201···tatscan/ |
|
| Most people are considered to be "overpaid" if they make 1/4 of that |
|
| reply to Dones
Pretty low, imho. |
|
 elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand | reply to Dones
Petty cash, and forget the 1/4 of that, some are screaming minimum wage of $10.25 is too high |
|
|
|
Dones
join:2008-02-14
Toronto, ON | reply to IsItDoneYet
I know. It's $506,000 in the states. |
|
 DKSDamn Kidney StonesPremium,ExMod 2002
join:2001-03-22
Owen Sound, ON
kudos:2
 ·Bell Sympatico
| reply to Dones
No one in my family ever made that kind of money. I never have.
--
Need-based health care not greed-based health care. |
|
 Wolfie00My dog is an elitistPremium
join:2005-03-12
kudos:5
1 edit | reply to Dones
said by Dones:I know. It's $506,000 in the states. Which means what? It's an average, and a highly misleading statistic, because there is a very small number of people making obscenely large amounts of money. The US has one of the worst income inequalities in the industrialized world (look up "Gini coefficient"). The top 6% make about a third of all income, and the upper middle class makes most of the rest. Less than 2% of the population makes over $250K. The median income for men -- a much more telling statistic than the average -- was only about $45K in 2007, and the median income per household member over the age of 14 was $26K.
One of the most important measures of the strength of a society, its peacefulness, and the happiness of its members, is the relative lack of extreme income disparity. Be glad you live in Canada. I know I am.
--
"The promoters of the global economy see nothing odd or difficult about unlimited economic growth or unlimited consumption in a limited world."
-- Wendell Berry |
|
Dones
join:2008-02-14
Toronto, ON | I agree. I'd much rather live here where there's more income equality (tell that to the teabaggers lol). It's just when you compare our average with our only neighbour, it's pretty low. I know there are people making hundreds of millions over there so averages don't really mean much. |
|
peterboroAvatars are for posersPremium
join:2006-11-03
Peterborough, ON | reply to Dones
It's not the 1% but the .01%. I know when I used to hang out below the Bay Area near Pebble Beach and on the east coast when I chill in the Florida Keys or near Miami it's like, "where the fuck do these people get all this money?" House after house for miles, like 17 mile drive, all in the millions and 10s of millions. Makes one feel like a pauper down there. »en.wikipedia.org/wiki/17-Mile_Drive |
|
| reply to FiReSTaRT
said by FiReSTaRT:Most people are considered to be "overpaid" if they make 1/4 of that
Agreed and that's why the middle class is in big trouble in the decades ahead. Anybody that makes a decent living is considered overpaid by many so in the end it's just a race to the bottom. |
|
 AnavSarcastic Llama? Naw, Just AcerbicPremium
join:2001-07-16
Dartmouth, NS
kudos:3 | reply to Dones
Wow, so then the group featured in this piece are a more elite group of Rich Canadians. 
»link.brightcove.com/services/pla···05410001 |
|
 dirtyjefferAnons on ignore, but not due to fear.Premium
join:2002-02-21
London, ON | reply to elwoodblues
said by elwoodblues:Petty cash, and forget the 1/4 of that, some are screaming minimum wage of $10.25 is too high
i have yet to see anyone here say that. |
|
| reply to Dones
I'm making as much now as it took my dad to make in 25 years at his job. |
|
Reviews:
·Velcom
| By the way, one thing I liked about this article was that it demonstrated that the Liberals aren't really championing for the little guy and all that jazz. They're the moderate right and don't swing too far left of the Cons.
Another interesting tidbit.. With the median income in the $28,000 dollar range, one would have to work for 15-20 years without eating, needing clothes, paying rent, paying utilities or paying taxes for that matter, in order to make enough money to buy a house in a major metropolitan area.
--
If you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas.
—George Bernard Shaw |
|
 Mike2009
join:2009-01-13
Ottawa, ON
kudos:3
·TekSavvy DSL
| reply to DKS
said by DKS:No one in my family ever made that kind of money. I never have. Same here. |
|
dirtyjefferAnons on ignore, but not due to fear.Premium
join:2002-02-21
London, ON | reply to FiReSTaRT
said by FiReSTaRT:Another interesting tidbit.. With the median income in the $28,000 dollar range, one would have to work for 15-20 years without eating, needing clothes, paying rent, paying utilities or paying taxes for that matter, in order to make enough money to buy a house in a major metropolitan area.
while i don't live in the GTA, i lived on less than that here for many years...rent, food, car/gas/insurance, child support...no, i didn't eat caviar and live in a McMansion, but i managed ok...when better opportunities presented themselves, i improved my circumstances.
--
People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.
- George Orwell |
|
Doonz
join:2010-11-27
Beaumont, AB | reply to Dones
wow 200k puts you in the 1% LOL |
|
elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand | reply to dirtyjeffer
In wasn't talking about anyone here the next scheduled minimum wage increase was postponed because of business protests. |
|
dirtyjefferAnons on ignore, but not due to fear.Premium
join:2002-02-21
London, ON | reply to Last Parade
said by Last Parade:I'm making as much now as it took my dad to make in 25 years at his job.
i make more in a day than my parents made a week in the mid 60s.  |
|
 LinklistPremium
join:2002-03-03
Longport, NJ
kudos:5 | reply to Wolfie00
said by Wolfie00:One of the most important measures of the strength of a society, its peacefulness, and the happiness of its members, is the relative lack of extreme income disparity. Be glad you live in Canada. I know I am.
Not so sure. Denmark has the most equality of income based on World Bank Gini: »en.wikipedia.org/wiki/List_of_co···ity#List
But they are at 105 out of 143 in the Happiness Index: »en.wikipedia.org/wiki/Happy_Plan···_ranking
--
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasury. |
|
