Oxfam Takes a Big Swing & Misses
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The Oxfam “Inequality” report measures assets minus debt, or net worth. Thus a Vancouver teenager with a student loan is worse off than an Somalian living in a dirt hut. Poverty is more important than income equality as any Somalian would agree. More interesting numbers from Statscan…
….more from Michael: Phooey – Its Only Tax Dollars Being Spent