Ken Ohrn:
Ian McGugan writes in the Globe and Mail about frugality and spending as they apply to retirement. He notes that, according to Canadian Automobile Association figures, plus a little arithmetic, a car forgone early can result in a million more dollars available at retirement age.
Which leads to this advice: “Pedestrians (and cyclists) win”.
As usual, the Globe’s corporate propaganda meisters have seen fit to illustrate the “cycling” proposition with a picture that stokes a thousand fears. It is purest propaganda, since anyone’s immediate and instinctual reaction to the photo is: “You’d have to be crazy”. The photo belongs to the genre “lone lunatic in a vast sea of hostile automobiles.”
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What an absurd picture to illustrate frugality. Even in Toronto you don’t need to ever bike in stuff like that.
Of course, the Globe and Mail don’t want people to have a low cost lifestyle. Then they wouldn’t be working so hard making the elite richer.
But hey, this has all been known for a long time.