To the editor:
Recently, the news media reported about the fairly high percentage of children in Canada that are living in poverty.
And this shouldn’t have been a surprise because we’ve heard at numerous times about the growing spread between the rich and the poor.
Also, that middle income group has been shrinking. Evidence of that is seen in the growing demand in food banks and at the SalvationArmy.
So it’s quite clear that we need programs to shift some of the wealth from the top to the bottom.
This would reduce the spread between the rich and the poor, and give growth to the middle income group. And this would have a positive result on the economy.
I just want to say to those who believe in the trickle down system, the reality is the trickle is not even a drip. In fact, the flow is going the other way.
How often have we heard about CEOs and bureaucrats getting millions of dollars in wages and bonuses while the people who work for them are losing their jobs or having their wages and benefits cut.
And yet we still hear of our government bringing in austerity programs that will affect mostly the low and middle income groups.
Ironically, the government has been working to get trading agreements with other countries that help create major growth in their middle income groups.
It would seem there is a realization that growing the number of middle income earners will have a positive impact on the economy.
So, the question is why don’t they bring in programs that would shift some of the wealth from the top to the bottom, which would give growth to the middle income group here in Canada?