Just saw on the news that in a recent poll the ndp was in the lead, and one of their ideas if they get elected is to jack up the minimum wage to 15$... Should be interesting to say the least if this actually happens
If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing. -Malcolm X
If Fascism ever comes to America, it will come in the name of Liberalism. -Ronald Reagan
Prices will get passed along to the consumer and things will adjust accordingly.
This is one way to get the 'youth' vote because they all 'deserve' to be paid more because they have an arts degree in frisbee catching but are stuck working as a barista.
"There's never enough time to do it right, but there's always enough time to do it twice."
Well.... I'm not absolutely against it, but it depends on how it gets implemented... If you aren't paying your workers a living wage, they have to rely on social assistance, so the government is really padding your bottom line with that assistance. Something's gotta give.
Current minimum wage is listed as $11/hr in Ontario. An increase to $15/hr will mean more work per worker, more businesses trying to automate what they can, etc.
Totally agree, living wage is a necessity, however like you said, implementation is a different thing. Increasing minimum wage is only a temporary band-aid to a poverty/economic situation that's going to need more than just a stimulus boost here and there.
It's great the banks and major corporations have posted record PROFITS but at what cost and expense?
"There's never enough time to do it right, but there's always enough time to do it twice."
Well, companies will automate whether there is high minimum wage or not. Eventually, technology gets cheap enough to replace labour at any price. So, while that was a nice PR move by McPukes, it doesn't change the fact that they would have gone that route anyway. I'm not sure what the end solution will be, but we can't keep going the way we have been in the last few decades. Back in the 70's, you could buy a home (within a decade), buy a car and feed a family on a single, lower than average wage. Nowadays you couldn't even make 35 year mortgage payments on an outhouse in an area where you can get a job, with it.
Well, companies will automate whether there is high minimum wage or not. Eventually, technology gets cheap enough to replace labour at any price. So, while that was a nice PR move by McPukes, it doesn't change the fact that they would have gone that route anyway. I'm not sure what the end solution will be, but we can't keep going the way we have been in the last few decades. Back in the 70's, you could buy a home (within a decade), buy a car and feed a family on a single, lower than average wage. Nowadays you couldn't even make 35 year mortgage payments on an outhouse in an area where you can get a job, with it.
Decades of inflation and wages not keeping up = today's great times in ontario. Also funny how they calculate inflation to say the least...
Decades of inflation and wages not keeping up = today's great times in ontario. Also funny how they calculate inflation to say the least...
So, 2 very important questions to ask are: 1) What led to those developments? 2) What do we do about it?
Cutting off the corporate welfare by imposing a higher minimum wage, thus having fewer working poor relying on government funding is a band-aid, but it's a start.
Last Edit: Aug 29, 2015 1:29:58 GMT -5 by FiReSTaRT