CFN – If we don’t learn from history we are doomed to repeat its mistakes. Certain silly political parties here in Canada and organized labour are advocating for a $14.00 minimum wage.
They point to the term “Living Wage” and how much people need to be able to pay their bills and all that good stuff that people pimp when pushing an agenda.
And in a sense I fully agree. Working at the worst jobs on the market for the bare minimum should be able to provide you with enough coin of the realm to at least survive.
In this time of very little advancement and no real starting your way from the bottom to reach the top; and government pensions becoming scary wages are important.
Ontario experimented with raising minimum wage. That has resulted in inflation and an actual reduction of spending quality. After all what good is $10.25 per hour in 2013 when it only buys you $9.70 in 2010 dollars?
Of course for those on fixed incomes, pensions, and the like their buying ability doesn’t go up. Business adjusts and what rarely gets talked about is that raising the minimum wage devastates small independent business that either has to curtail positions or hours which impedes growth and sometimes survival. This of course limits opportunities for people to gain work experience thus making them more valuable in the workplace market.
Kinda scary, huh?
We have so many programs to cover people who aren’t working for one reason or another here in Ontario. We have Ontario Works, ODsomething something, for those disabled, Old Age pensions, baby bonuses, the list goes on and on as does the cost of supporting many of this programs; of which some trap people into a cycle.
Why not simply have a guaranteed minimum income for Ontarians and Canadians that they can supplement by working? Studies have clearly showed that the less you earn the more you spend in your local market.
The more spent in a local market the stronger that market is. The stronger a market is the stronger a community is.
Isn’t it time that we stop spending huge swaths of money to impede progress in life for those that need it most?
It’s a scary step. It’d be a huge step. It’s probably a desperate needed step.
But poverty, hunger, illiteracy, mental illness and all the ills that come with it; crime, despair, and an innate unevenness of our communities surely should open the doors to dialog?
Raising the minimum wage will not really help workers except in maybe the very brief short term. It will cause long term damage to our way of life.
It’s time for people to open their eyes and really look at how to fix an issue instead of just burning money; because with debt levels in Canada the credit cards will be refused at the vendor soon.
If we really want to amp up jobs and the economy we need to stop raising minimum wage and start raising awareness and having a guaranteed minimum income for all.
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