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Dan Neuman /
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2025-01-12 15:22:44
in reply to nevent1q…qvmy

Dan Neuman on Nostr: nprofile1q…lu56s Annual median total income increase in 2022 dollars (up to 2022, ...

nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqhjgyaeqxza7lesjjt9sv32su8j7r2aj46sy92fe0pztqgu25fpxswlu56s (nprofile…u56s) Annual median total income increase in 2022 dollars (up to 2022, excluding people over 15 with no income):
1.07%/yr under Harper ($35.9k - $39.5k, 9 years)
1.25%/yr under Trudeau. ($39.5 - $43.1k, 7 years)
These values factor in inflation, so they show real growth. The inflation of 2023/24 may take a bite out of Trudeau's figures.

On the other hand, the GINI index (adjusted after tax income) went from 0.316 in 2006 to 0.314 in 2015, then to 0.300 in 2022. The results are similar for adjusted total income. So while Canadians did do better under Trudeau, the wealthy did really well. This tracks with the decreasing market competition.

Median income: https://www150.statcan.gc.ca/t1/tbl1/en/cv.action?pid=1110023901
GINI: https://www150.statcan.gc.ca/t1/tbl1/en/cv.action?pid=1110013401
#CanPoli #CdnPoli
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