Minimum Wage raise to $15...

berimBOWLoh said:
If you think 15 an hour in Toronto is a "handsome salary" I guess you don't know what after taxes 1800 will get you. Rent will be about 1200 on w 1 bedroom in a shitty area

I always guess those upset thst low education people will make such pittance must make a shitty wage themselves to be so invested in keeping people below poverty whole working full time
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Crabs in a bucket.
 
berimBOWLoh said:
If you think 15 an hour in Toronto is a "handsome salary" I guess you don't know what after taxes 1800 will get you. Rent will be about 1200 on w 1 bedroom in a shitty area

I always guess those upset thst low education people will make such pittance must make a shitty wage themselves to be so invested in keeping people below poverty whole working full time
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Not at all. Both left and right wing want the same things, just differ on how to get there. Nobody wants people to be poor. I make about $65/hr, but I did labor for $8/hr when I was in high school and college.

If you're a dependent and your check is all disposable income, yeah, $15/hr is pretty handsome.
 
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Americans think this is too high because they dont live in canada, where everything costs twice as much money. $15 is barely enough to survive on your own with no luxuries.
Its not a lot
 
It could cause inflation and people on minimum wage will have the same problems they have now. Also will people that make $15 or more an hour be compensated in any form after the minimum wage hike?
 
why not make it $100/hour?

It’s all about pandering for votes from the low intelligence zombies. Anyone that defies the basic principles of economics has no place in this country or on earth for that matter.

Denying Natural selection was Americas’s first failure...
 
Edison Carasio said:
Lol who goes to the mall?
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I still go from time to time, and I think it got worse before it got better. I say the local malls are pretty active.

still a nice place to eat, watch movies, and shop (even if the vast majority of my shopping is done online).

Fast food is transitioning to self order, and I kind of like the Mcdonalds terminals. Pretty easy to order, food brought to your table.
 
Seano said:
Too much, too fast. I agree people should make more but a massive sudden increase in minimum wage won't work.
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A massive, sudden decrease in tax revenue is surely the better plan.

I predict, in one years time, that the market itself will have pushed the compensation of those currently making MW to over $15.00 per hour thanks to the economic super-charging produced by the brilliant Trump tax cuts.

And I am ready to sig bet with any cuck socialist who thinks it won't happen.
 
Johnny2fists said:
why not make it $100/hour?

It’s all about pandering for votes from the low intelligence zombies. Anyone that defies the basic principles of economics has no place in this country or on earth for that matter.

Denying Natural selection was Americas’s first failure...
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Economics is not a science.


What basic principles is increasing minimum wage to at least pretend to match inflation defying??


Does it hurt you, personally, if the guy flipping your burgers now gets 80 bucks extra a week??? What do you think he will do with his 80 bucks??? what do most poor people do when they get a little more money??? Panama papers??? invest in foreign assets?? create corporations and hide their $ in shell after shell, transaction after transaction???

that money is gonna go back into the economy quicker than you can say "New Iphone".
 
Lionel Mandrake said:
In a perfect world $15 an hour minimum wage sounds awesome, but in the real world it doesn't work. It puts the squeeze on the middle class, is terrible for small business owners, fucks over people with pensions, and diminishes employment.

For example when I was 19 in the year 1999 I got a job as an entry level roofer. Minimum wage was $5.15 an hour and I started at $10 and hour. Now minimum wage in Michigan is $9.25 and entry level non-union laborer/construction jobs usually start at around $12.00 an hour now.
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Wow. In 95 i worked a year after HS building refrigirators at min wage. 40k a year and 6 weeks paid vacation. Working unions and livable minimum wage are not a bad thing.
 
Edison Carasio said:
Lol who goes to the mall?
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In my area seems like everyone does. On top of that they added this whole other area with movie theaters and restaurants\bars and it's fucking insane in that area now. I wont go to the mall ever at all.
 
your premiere has implemented a plan to eliminate jobs and replace them with robots
 
If the Canadian government was concerned that low income earners didn't have enough spending power, they could have simply lowered their income taxes.

The problem here is that the Canadian government needs more money. They got a lot of refugees to pay and probably more terrorists to pay.
 
I've worked for 5$ an hour for 10 hours a day for 7 days a week for 8 months, took me an hour to get to work.
 
Aegon Spengler said:
Real wages are actually still lower than they were in the 60/70's factoring in cost of living/inflation/etc.

Should be raised even more.

labor_history.png
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LOL .. yea that's how it works
 
Trotsky said:
It's a bump of too high a scale for an entire region in my opinion, but the doom and gloom about everyone losing their jobs (re @sniper ) is bunk.
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You see you are just way too sensible.

I mean you gotta labor theory / value is extracted not created / is objective not subjective your way through this issue. :)

I kid I agree.

I would add that the issue is not a “they got raise for nothing / omgs bootstraps” morality issue but a pragmatic one.

Minimum wages are a pretty crude tool that can have they impact of pricing people out of the labor market, making it relatively cheaper to automate or export jobs.

All consumers/taxpayers benefit from the lower wages, so it’s more effective economically to just redistribute at that level. It can just be more difficult poltically. But it’s not really any diff than the concept of healthcare, better off done at a taxpayer level than forcing employers to implement social policy.
 
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