It is funny how statistics can be manipulated. One percent, for example seems like a very small number, no matter the context.
This past week, there have been demonstrations across Canada for the “Occupy” cause. The demonstrators are claiming to represent 99% of Canadians. To qualify that, the 1% are 250,000 people who earn an annual salary of more than $400K per year. I listened to some coverage on CBC radio this morning. The panel of people being interviewed were in the top 1% of Canadians. The usual, intelligent arguments were made about these people of influence, the far-reaching effect of the 1%. But the really interesting facts were presented at the very end of the segment:
- Canadians that earn $55,000 per year are in the top 1% of the entire planet
- Canadians only have to earn $1,000 per year to earn more than 50% of the entire planet
I think that would be really sobering news to some of the folks who think we, in any way, have it bad here in Canada. I’m not in the 1% of Canada’s top earners, but I feel rich beyond compare. Whenever I have to be away from home, for any reason, I almost want to kiss the ground upon return to YVR.