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October 27, 2021

Occupy Wall Street: Are you one of the 99%?

The Occupy Wall Street protest movement is making headlines all over the world and has spread to numerous cities across the continent.

AdOne of the more interesting things to come out of the recent demonstrations is the We Are 99% Tumblr.

At the site, people hold up signs that explain their current circumstances. Their testimony tells the stories of a whole range of folks struggling to make it in what they clearly know is a recession.

Just who are these people? Although the numbers are a couple of weeks old, blogger Mike Konczal found the median age of the protestors to be 26, with the average age to be 29, which means there are quite a few older people involved, all of whom feel disenfranchised.

Whether or not you fit the on-the-street demographic, you may not find it too difficult to identify with their feelings of being left out.

Not sure just where you fit? Macleans magazine has created a simple online calculator to help Canadians see where they belong on the income inequality scale. Click here to plug in your annual income and find out where you fall and then head over here to tell your story.  

"The people in the tumblr aren’t demanding to bring democracy into the workplace via large-scale unionization, much less shorter work days and more pay. They aren’t talking the language of mid-twentieth century liberalism, where everyone puts on blindfolds and cuts slices of pie to share," Koncsal writes.

What they want is straight out of antiquity: Free us from the bondage of our debts and give us a basic ability to survive, he declares.

Do you feel the same way? Even if you're not on the street, does it seem that things are just seriously out of whack?

By Gordon Powers, MSN Money




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Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...

Jason BucklandJason Buckland

The modern-day MC Hammer of money, Jason can often be seen spending cash that isn’t his with the efficiency of a Wilt Chamberlain first date. After cutting his teeth as a reporter for the Toronto Sun, he joined the MSN Money team with...