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Monday, January 06, 2014

perhaps, we should create more poverty among seniors?

A study on global pensions by The Organization for Economic-operation and Development (What? Co-operation within capitalism?) concluded that Canadians over sixty-five are well-off compared to most others in the thirty-four-country group of advanced economies. The average poverty rate for seniors in Canada was 7.2% which was among the ten lowest and better than the 12.8% average. The inference is that for this the Canadian seniors should be grateful, or, perhaps, we should create more poverty among seniors so we are at the average! One wonders how satisfied the compilers of the report would be if they lived in poverty, that is especially desperate for the elderly who have passed any chance of earning more to supplement pensions. From cradle to grave ever becomes more of a struggle unless we are prepared to change things. John Ayers.

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