Sunday, April 07, 2013

Can't See The Prosperity? You're Soaking In It

John Gushue notes that being a have province has turned out to be a double-edged sword. He makes interesting points worth reading.

But being realistic also means taking a fact-based look at what's around us, and the evidence of prosperity is rather undeniable.

Consider this. The personal disposal income per person in this province was $6,710 per person in 1981. Ten years later, through the double-digit years of inflation in the 80s, it had more than doubled to $13,075.

Ten years after that, and through a rough period that included the cod moratorium and tough budgets galore, the figure had climbed to $17,462.

Things really started cooking in the years that followed. By 2010, the last year for which figures are available, personal disposal income was pegged at $27,402 for each man, woman and child.

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