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Social entrepreneurs are making a difference ...Read the full article
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The Central Screwtinizer from Ottawa, Canada writes: ..."Government leaders, corporate leaders, and funders are realizing that this new model of social change is uniquely suited to mobilizing talent, markets, and capital to bring innovation to some of our most challenging and intractable social issues..." Here's an old problem you may wish to tackle as reported recently in the Globe and Mail of January 5, 2008..."Statistics Canada reported recently that the earned income of the "average" Canadian -- the so-called median income -- was the same in 2004 as in 1982. After we subtract inflation to keep the purchasing power of a dollar roughly constant, it turns out that median income, before taxes, did not rise at all over those 22 years. Yet during that same time the Canadian economy grew, in real per capita terms, by more than half. But only the very well-paid - those above the 90th percentile of the income distribution - saw any significant increase in earned income; and the higher up the earnings ladder, the greater the growth. What has been going on?"... I certain I don't have to explain in detail what negative affects this has on consumers, housing renovation, child poverty, record personal debt load, and the psychy in general etc...
- Posted 25/02/08 at 11:28 AM EST | Alert an Editor | Link to Comment
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The Central Screwtinizer from Ottawa, Canada writes: In addition, the Conservative government increased our taxes since 2005 which they have most recently decided to peel back to the 2005 level...gee thanks, and less 2% of GST of course... Is it any wonder we are floundering? Can't wait to see them 'tinker' with the budget, RRSP investors and capital gains in tomorrow's budget. The allowable unused portion of RRSP room keeps climbing which isn't surprising considering how inflation keeps eating into declining incomes. You can choose to either spend less as a consumer or incurr greater debt which seems to be the popular choice.
- Posted 25/02/08 at 11:37 AM EST | Alert an Editor | Link to Comment
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