Monday, April 25, 2011

An interesting study on poverty among Canadian seniors

The Liberals and NDP have been going on about senior citizens' poverty in Canada during this election, professing that they are the only ones who can protect seniors. This makes me laugh. The wealthiest demographic in Canada today has to be seniors and baby boomers who are now entering senior citizenship. Granted, much of their wealth is tied up in land and capital, but that's okay. If you own a million dollar home in Vancouver, don't dare to claim you are not rich. To say that they need additional government support is laughable. And the Liberals and NDP are also the most strongly opposed to any form of means checking before receiving government assistance. Again the wealthy establishment will be getting their share of my tax dollars while I struggle to support my family.

Here is a very interesting recent academic study on senior's poverty in Canada:

http://ideas.repec.org/h/sls/secfds/08.html#author


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