Silence&Motion
Senior Member
Anyone who thinks wealth inequality is primarily an American problem should take a moment to re-examine David Hulchanski's map that has been making so many waves over the past couple years:
The middle is falling out of Toronto's economy, as it is in most economies in the western world. We're facing a job market that is increasingly split between high paying jobs in the FIRE sector (finance, insurance, and real estate), and unstable, low-wage jobs in the low-end service sector. Furthermore, one of Toronto's last sources of stable, middle-class employment - the public sector - is being dismissed as "gravy" by our own mayor.
Toronto's problems are not caused by "lazy" people who don't want to get jobs. Our problems are rooted in the very structure of our economy.
The middle is falling out of Toronto's economy, as it is in most economies in the western world. We're facing a job market that is increasingly split between high paying jobs in the FIRE sector (finance, insurance, and real estate), and unstable, low-wage jobs in the low-end service sector. Furthermore, one of Toronto's last sources of stable, middle-class employment - the public sector - is being dismissed as "gravy" by our own mayor.
Toronto's problems are not caused by "lazy" people who don't want to get jobs. Our problems are rooted in the very structure of our economy.