Did You Know . . . ? (Summer 2011 Issue)

THE INCOME GAP, EH.

The income gap between the rich and poor is growing in Canada.

Between 1976 and 2009 the earnings gap between the lowest 20 per cent and the top 20 per cent of earners grew from $92,300 to $117,500.

Source:  www.conferenceboard.ca
(July 13, 2011)

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SOMEBODY NEEDS A RAISE!!

The poorest 40% of people account for 5% of the world’s income.

The richest 20% of the world’s population account for 75% of the world’s income.

Source: 2007 Human Development Report via www.globalissues.org

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INCOME OR ALLOWANCE??

80% of humanity (5.15 Billion people) lives on less than $10 per day income.

Almost 50% of humanity (3.14 Billion People) lives on less than  $2.50 per day income.

Source: World Bank Development Indicators 2008 via www.globalissues.org

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WANNA BUY A COUNTRY?

As of 2008, the Gross Domestic Product of the 41 poorest countries (containing 567,000,000 people) is LESS than the combined wealth of the world’s top 7 richest people.

Source: www.globalissues.org

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. . . AND THE RICH GO SHOPPING

As of 2005 . . .

The world’s poorest 10% accounted for 0.5% of the world’s private consumption.

The world’s richest 10% accounted for 59% of the world’s private consumption.

Source: World Bank Development Indicators 2008 via http://www.globalissues.org/

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