Income growth since 1980 in Business and Economy Posted 11 hours ago · Edited 11 hours ago by cannuck · Report reply The numbers that diverge from the GDP defined "average" were the 1% of 0.01% - who seldom have significant amount of their income derived from wages. When it comes to those two portions, the speculative/finance world in Canada/US sees no borders. I can agree with NYT that the 10% line follows GDP, but to defend that group against tax increases in a country that has $24 Trillion federal and another $5 or so state and muni accumulated debt and counting very rapidly is insane. The US government debt now far eclipses the value of the economy. Canada is quite different in this matter - but hardly "better". Our federal debt around $1.2T (https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1010000201) according to how Statscan is reporting, but others estimate the combined fed/prov/muni debt load to be about $3.2 Cdn =$2.4 US, given the usual 10:1 ratio about the same as the US but our GDP is something like $2T, so we are WAY beyond the sad state of affairs in the USA. Meanwhile, both countries simply watch all of the investment capital shift over to the Casino Capitalist courtyard of Wall Street and Bay Street, fleecing the real economy of the investment capital needed to create wealth. Worse yet: we let them (the 1% but far more to the point the 0.01%) do so with a free ride on the real taxpayers' backs.