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Shameful slide

Published on October 25, 2012
Published on October 24, 2012
Topics :
University of Waterloo.The , Public Utilities Board , Newfoundland Power

Surprise, surprise Canadians are doing much worse these days as far as their well-being is concerned. That information was included in the Canadian Well-being Index released this week by researchers at the University of Waterloo.

The numbers show the quality of our lives in this country declined 24 per cent between 2008 and 2010.

Most of us who crawl out of bed in the morning to go off to our jobs likely don’t know much about pouring over statistics and creating indexes but we know — or feel we know — most of us are worse off now than not so long ago.

If our well-being is based on the money we have left over from our paycheques, most ordinary folks feel the decline in our quality of life every day.

We see it when we fill up our vehicles with gasoline, we see it when our municipal tax bills show up, we see it when we pick up our groceries and when we get a rare night out to relax.

The price of almost everything we need and want is going up and our salaries barely budge.

Just recently, for instance, there was an application to the Public Utilities Board by Newfoundland Power looking for a nearly seven per cent rate hike.

This is a profitable company and it still wants more.

Compare that seven per cent hike — which hasn’t been approved yet — to the raise most workers in this province got this year.

The rise in the price of electricity takes more money out of the pocket of nearly every person in this province — money that can’t be spent on other things.

It’s clear that we are much better off than many people around the world. All we have to do is follow the news to see that.

But that doesn’t mean we should sit by and accept that our comfortable and safe way of life should be allowed to be whittled away a cut at a time.

We work hard for what we have, but our hands are tied when it comes to making dramatic changes that impact our well-being.

Those who can alter the steady slide — but don’t — should read this report and hang their heads in shame.

Comments

  • Username
    Shawn
    - October 26, 2012 at 10:24:16

    Alot has been learned by the corporate world from the big oil companies price gouging campaign of the mid 2000s. They learned that they can charge what they like, up to the point that we crash and burn. That lesson has moved into every area of business today. There are no corporations that look to the future anymore. Its all about how close can we bring our industry to the brink of collapse by raising consumer pricing, to maximize profits right now. At the brink of collapse is where the most profits are gained for business. It's also the point where the consumers quality of life is at it's lowest because after the basics of life are paid for each month, there is little, if anything, left. They have all but mastered this art of transferring any and all wealth from the middle class workers(the largest sector of the population) to the corporate coffers and they have us blaming ourselves for it. They played us like a fiddle and continue to do so while we are dumb enough to go along with it. They have fooled the consumer into believing that the unions and any other group or organization that attempts to put more money into our pockets on pay day is the cause for the increased prices and thus creating a demon for us to fight off. They want everyone to believe that in order for them to continue providing their services, workers must make very little or the company will not survive,all the while reaping record profits and transferring the potential wealth to a very small sector of the population. We fall for it hook line and sinker. The evidence is everywhere, even here in this newspaper comments section. Look at the comments that supported Joe Kruger and his company over the workers in our own community. As well with the recent dispute in long harbor. The majority of the comments supported the corporation over the workers. They have us all fooled and they are sitting back counting their cash while laughing at our complete stupidity. Things will only get worse until we as the consumer middle class stand up and take our share for the services WE provide. At this point, nothing short of revolution will make that happen.

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  • Username
    David
    - October 25, 2012 at 11:26:56

    The invcrease in the price of electricity in Newfoundland is aprt of an orchestrated effort by government to justify and build supprt for Muskrat Falls. If the governemnt had even more contempt for Newfoundland voters than they already do, it would have approved an even larger Hydro rate increase....wake up folks. You're being burglarized, and the robber lives in your house.

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  • Username
    wtf
    - October 25, 2012 at 11:00:32

    Down from 2008 to 2010, hmmm, what happened in that period. Lets think about it, it'll come to us. I heard it happened before, oh I got it, it's called a worldwide RECESSION. If lost your job or had to take a lower paying job then you'd feel worse off too.

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