As the earth swings around the sun, so the anti-capitalist grievance-mongers drum up yet another predictable “report” on “inequality” from the Canadian Centre for Policy Alternatives.
I wrote about this annual report a couple of years ago, so I won’t go into great detail here because it’s just as stupid now as it was then.
The numbers in this report have annual compensation at roughly 177 times that of the “average” worker, while the 2012 report was at 189 times. Therefore, according to this highly objective and passionless reporting metric, inequality has actually gone down. But there is no mention of the year-over-year trend of these results found here.
Why do supposedly reputable journalists repeat this gossip-column trash without any, you know, actual journalism?