Canada’s system of supply managed eggs, chicken and dairy costs the poorest households almost five times more than wealthy families when its effects are adjusted proportional to income, according to a new study.
The IFS says:
The last decade as a whole was characterised by a very poor performance for average incomes. Between 2002–03 and 2009–10, no single year saw an increase in median income of more than 1.0%.
Companies like Netflix Inc. (NFLX), Amazon.com Inc. (AMZN) and Hulu are all capitalizing on the binge-viewing phenomenon. Binge-watching refers to the viewing of televised content for extended spans of time, usually a single television show. While viewers enjoy watching episodes of their favorite TV shows back-to-back, advertisers suffer because video-on-demand (VOD) providers do not want to alienate their viewers by running advertisements.
Rating agency Standard & Poor’s has become one more emphatic voice blaming the halting post-recession recovery on high income inequality in the United States, as an S&P report out Tuesday claims that unequal wealth distribution is dampening the country’s economic growth.