U$ Black Friday 2011 John Q Gregg
E-Bulletin 113
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Something about Black Friday in the States, the Walmart shootings, stampedings, sprayings, the unabashed and unembarrassing petty greed, makes us smug. We aren't like them.
But. . . .
For the eighth successive year BC ranks worst among the provinces and territories for child poverty. This is the direct result of government policy which seeks to re-distribute provincial wealth to the financial elite. For the 22 page report on BC child poverty, see:
http://www.firstcallbc.org/pdfs/economicequality/3-reportcard2010.pdf
What does this mean to us, the not-so-elite investor?. Plenty. The more unequal our society the more costly, and the less productive : more spent on health care, more lost to crime. For evidence on how more equal societies are more productive, less costly, see:
We suffer governments (and friends and family) that encourage us to blame poverty on the poor. The Sally Ann takes umbrage with such an immoral excuse for ignorance, and in 2010 launched its Dignity Project in an effort to encourage Canadians to accept, among other issues, that Poverty is a scourge on society that puts dignity out of reach of the poor. For the campaign, see
http://dignity.salvationarmy.ca/
Our sufferance of such governments does have terrible costs to each of us, social and financial -- far more than the actual financial benefit you might receive from the tax cuts of which these governmnents boast. For a short video on what it costs us to keep 1 of 9 British Columbians in poverty, see
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An irregular and quirky compendium of links and newsbits. Usually, there's a theme, such as Dying well. This one is all editorial.
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