this post was submitted on 31 Mar 2024
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[–] Landmammals 29 points 10 months ago (1 children)

Will add $54.5 million to the economy

FTFY.

[–] [email protected] 6 points 10 months ago

And, statistically speaking, minimum wage employees will spend a much higher proportion of their income than millionaire assholes.

[–] TheIntrovertedSlut 28 points 10 months ago (1 children)

That it costs money to hike the minimum wage is news now?

[–] [email protected] 22 points 10 months ago (1 children)

It's not a news outlet. It's a pro-employer propaganda site

[–] GrymEdm 9 points 10 months ago

Ah, now I get why it's being downvoted. What a lousy spin to put on something so necessary as minimum wage increases.

[–] [email protected] 16 points 10 months ago* (last edited 10 months ago)

If you poor people could just do more and survive on less but still somehow spend just as much, then the employers would be fine. /s

[–] [email protected] 13 points 10 months ago

Somehow, giving money to poor people, which they'll spend on goods and services to stimulate the economy is bad...

...but giving money to rich people that they'll sock away in their bank account or invest into non-productive assets is good?

[–] [email protected] 11 points 10 months ago

I used to work for a small company and the boss was a member of the CFIB. We'd get their emails all the time and they were some of the worst takes I've ever seen.

One I always remembered had a subject like "How to tackle the youth employment problem" and the body of the email gave tips on how to avoid paying young people anything more than the absolute minimum, because young people don't deserve pay. It talked about how the young generation was entitled and demanding things that need to be earned through years of hard work and loyalty, and not to give in to those demands.

So yeah, terrible source OP.

[–] [email protected] 10 points 10 months ago

Connect minimum wage increases to the actual increases in the median wage in the province. As wages increase, then the minimum wage can increase by the same amount.

I say we link it to the maximum wage instead, since that's a better indicator of how much resources we have to go around.

[–] Son_of_dad 10 points 10 months ago* (last edited 10 months ago)

That's it? That means the hike only accounts for a $54 million worth raise to all workers across Atlantic Canada, that's peanuts. Triple that hike, it would still be a blip and workers would still be underpaid.

[–] [email protected] 7 points 10 months ago

That's it? That's like at most $50 per person. And remember, money that is sent to the poor will be reinvested into the larger economy through increased consumption, or more sales for the employers.

[–] [email protected] 2 points 10 months ago

The West links it to inflation.

[–] [email protected] 2 points 10 months ago

What a dumb headline