Oil and Inequality
Wednesday, 27 March
OIL: Boom, Bust & Bull” by Sean Cadigan and “Promoting Inequality: Recent provincial policies” by Robert Sweeny
In the midst of the greatest boom in Newfoundland history, these illustrated presentations addressed some basic questions: What has the experience of the boom been for the peoples of the province in the past decade or so? What has the boom meant for working people and their organizations? How are we doing on reducing social inequality? How has provincial government policy affected the distribution of income? Are the rich really getting richer and the poor poorer? What effect have cuts to income tax made on after-tax revenues? If incomes are rising, how is it that inequality continues to grow?