![\"\"](\"http:\/\/imgs.xkcd.com\/comics\/money.png\" "\\"Money\\"")
<\/a><\/p>\nThere is no doubt that money is one of the driving forces of the world. Looking at the comic I was struck by the contrast between the sums of money used in our world today. (N.B. This graph depicts money in the US.) <\/em><\/p>\n Here are some interesting points: – the price of an average <\/em>new car is relatively the same as the UK 2005 capita income which is comparable to the typical annual housing cost for NYC. ( thousands<\/strong>)<\/p>\n – the amount raised by presidential candidates for elections have been increasing the past 3 elections. This makes me question whether presidency will always be held by the best fundraiser and how he\/she may wind up being a puppet for those who have funded the campaign. ( millions<\/strong>)<\/p>\n – US household income shows why there is currently an Occupy movement. The bottom 50% shares 1\/5 of the country\u2019s income; while the 1% pay substantially more in taxes each year. ( billions<\/strong>)<\/p>\n","protected":false},"excerpt":{"rendered":" To put things into perspective: There is no doubt that money is one of the driving forces of the world. Looking at the comic I was struck by the contrast between the sums of money used in our world today. (N.B. This graph depicts money in the US.) Here are some interesting points: – the […]<\/p>\n","protected":false},"author":7052,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":["post-114","post","type-post","status-publish","format-standard","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/mfungcomm101\/wp-json\/wp\/v2\/posts\/114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/mfungcomm101\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/mfungcomm101\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/mfungcomm101\/wp-json\/wp\/v2\/users\/7052"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/mfungcomm101\/wp-json\/wp\/v2\/comments?post=114"}],"version-history":[{"count":18,"href":"https:\/\/blogs.ubc.ca\/mfungcomm101\/wp-json\/wp\/v2\/posts\/114\/revisions"}],"predecessor-version":[{"id":208,"href":"https:\/\/blogs.ubc.ca\/mfungcomm101\/wp-json\/wp\/v2\/posts\/114\/revisions\/208"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/mfungcomm101\/wp-json\/wp\/v2\/media?parent=114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/mfungcomm101\/wp-json\/wp\/v2\/categories?post=114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/mfungcomm101\/wp-json\/wp\/v2\/tags?post=114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n– the Worker\/CEO pay comparison is astounding. It shows that the average hourly wage of a production worker in 1965 is relatively the same as in 2007. Meanwhile the CEO pay in 2007 has grown over 1000% compared with 1975. (dollars<\/strong>)<\/p>\n