Neo-Liberalism and the Ongoing Economic Assault on Ordinary Canadians
Submitted on January 30, 2012
By Murray Dobbin - rabble.ca
So having succeeded in giving capitalists everything they asked for...what do we have?...[W]hile the advertising and marketing of more and more stuff goes on apace, the facts facing working- and middle-class families paint a totally unsustainable spending picture: some 60 per cent of wage and salary earners state that they are one pay-cheque away from financial insolvency; the Canadian savings rate is the lowest it's been for decades...the net real increase in average pay between 1980 and 2005 was a grand total of $51.
