Yep.
Debunking: “If You Raise The Minimum Wage, It Will Cause Inflation”
https://medium.com/@discomfiting/de...mum-wage-it-will-cause-inflation-c0db32f579f8
This Is How Much A Big Mac Would Cost If The Minimum Wage Was $15
- Thread starter mentalfloss
- Start date
Yep.
Debunking: “If You Raise The Minimum Wage, It Will Cause Inflation”
https://medium.com/@discomfiting/de...mum-wage-it-will-cause-inflation-c0db32f579f8
Robots cause inflation?
Human starvation will do that to stomachs.
If You Want To Know The Real Rate Of Inflation, Don't Bother With The CPI
https://www.forbes.com/sites/perian...lation-dont-bother-with-the-cpi/#61f31c5200b4
Using government numbers that are wrong to prove a wrong idea?
So hamburger only costs .50 a lb on your planet?
Nice
hitlary for fuhrer!!!
Human starvation will do that to stomachs.
If You Want To Know The Real Rate Of Inflation, Don't Bother With The CPI
https://www.forbes.com/sites/perian...lation-dont-bother-with-the-cpi/#61f31c5200b4
Using government numbers that are wrong to prove a wrong idea?
So hamburger only costs .50 a lb on your planet?
Nice
hitlary for fuhrer!!!
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Leave it to SJWs to f-ck up reality and cheer on a tax grab.
McD's pay $13 an hour + a bennys pkg after the 3 month probation which is well over the CRA/ON income tax threshold.
ON wants more taxes!
If only McD's paid minimum wage.
McD's pay $13 an hour + a bennys pkg after the 3 month probation which is well over the CRA/ON income tax threshold.
ON wants more taxes!
How businesses can handle the hikes in minimum wage
https://www.theglobeandmail.com/rep...le-the-hikes-in-minimum-wage/article35166792/
https://www.theglobeandmail.com/rep...le-the-hikes-in-minimum-wage/article35166792/
Do they use a false metrics too?
Of course. More ON income tax and PST.
The Province and Feds might take most of the increase as workers are boosted into higher tax brackets. Depending on the percentage increase an individual would accrue, a worker may gain next to nothing.
...well at least you can't be a TOTAL douche. It looks like the cat likes your ability with the can-opener
Flosshole is in default mode. Nothing to reiterate so post a irrelevant meme.
Feds and Province of ON both ding at close to the same rate.
The age bracket of the majority of minimum wage earners are those who have "disposal income" as well. More HST and sin taxes.
Has the Wynne Govt ever done anything to reduce tax burdens?
A world without war was bound to catch up to us in a different form.
You can't escape the reality of limits to resources.
Yes we can!
Yes, it is possible to pay your workers a high minimum wage
https://www.google.ca/amp/ottawacit...e-to-pay-your-workers-a-high-minimum-wage/amp
Yes, it is possible to pay your workers a high minimum wage
https://www.google.ca/amp/ottawacit...e-to-pay-your-workers-a-high-minimum-wage/amp
Why is a $15 minimum wage good for business?
Armine Yalnizyan: Why? Because it increases purchasing power for ALL businesses. Consumers, especially in the biggest cities, are being squeezed by stagnant wages and rising housing costs. That means less truly disposable income for actually buying goods and services.
Dan Kelly: Those who argue that raising minimum wage helps business, and that it does not negatively affect employment, need to explain why $15 is the magic number. If higher minimum wages have zero negative consequences, why not hike to $100 per hour? Or do we admit that there is a level at which jobs and hours dry up, workers get replaced by technology and/or price hikes for everything eat up the higher income levels?
Armine Yalnizyan: Here are four pages of arguments on why $15 is about the right level right now. The point is to anchor it to some proportion (ideally 60 per cent) of the average hourly wage. We don't have to get all dramatic about $100 an hour minimum wages, but $11.40 just isn't anywhere near enough to get by, even if you are lucky enough to find a full time job at minimum wage.
Will we see price hikes in Ontario?
Dan Kelly: I've spoken to dozens of business owners who have told me they will have to hike their prices to accommodate the higher wages. Obviously labour isn't their only cost, but costs of almost all input — particularly those under government's control — have been rising fast, too. If prices go up, how are workers any further ahead?
Armine Yalnizyan: You are right that some businesses will pass on the cost through price hikes. Others won't, because they know by keeping prices low they can attract bigger market share and grow their top line.
Dan Kelly: And if they don't hike prices, where does the increased cost come from? The fantasy of those giant profits small business owners are taking home?
Armine Yalnizyan: Don't forget that 50 per cent of the minimum wage workers in Ontario work for big businesses (workplaces with more than 500 employees). Low wages help maximize profit. Period. Some establishments will take a little less in order to increase more sales.
Will a $15 minimum wage be good for Ontario? Two experts debate - CBC News | Opinion
Armine Yalnizyan: Why? Because it increases purchasing power for ALL businesses. Consumers, especially in the biggest cities, are being squeezed by stagnant wages and rising housing costs. That means less truly disposable income for actually buying goods and services.
Dan Kelly: Those who argue that raising minimum wage helps business, and that it does not negatively affect employment, need to explain why $15 is the magic number. If higher minimum wages have zero negative consequences, why not hike to $100 per hour? Or do we admit that there is a level at which jobs and hours dry up, workers get replaced by technology and/or price hikes for everything eat up the higher income levels?
Armine Yalnizyan: Here are four pages of arguments on why $15 is about the right level right now. The point is to anchor it to some proportion (ideally 60 per cent) of the average hourly wage. We don't have to get all dramatic about $100 an hour minimum wages, but $11.40 just isn't anywhere near enough to get by, even if you are lucky enough to find a full time job at minimum wage.
Will we see price hikes in Ontario?
Dan Kelly: I've spoken to dozens of business owners who have told me they will have to hike their prices to accommodate the higher wages. Obviously labour isn't their only cost, but costs of almost all input — particularly those under government's control — have been rising fast, too. If prices go up, how are workers any further ahead?
Armine Yalnizyan: You are right that some businesses will pass on the cost through price hikes. Others won't, because they know by keeping prices low they can attract bigger market share and grow their top line.
Dan Kelly: And if they don't hike prices, where does the increased cost come from? The fantasy of those giant profits small business owners are taking home?
Armine Yalnizyan: Don't forget that 50 per cent of the minimum wage workers in Ontario work for big businesses (workplaces with more than 500 employees). Low wages help maximize profit. Period. Some establishments will take a little less in order to increase more sales.
Will a $15 minimum wage be good for Ontario? Two experts debate - CBC News | Opinion
Do you have a Canadian example or did you mean to put this in the American Politics thread.....?
Armine Yalnizyan got her azz handed to her on BNN.... her response? - Got angry and threw a tantrum
The largest employer demographic in Onterrible are small business'.
Yalnizyan's logic is a complete fail
The largest employer demographic in Onterrible are small business'.
Yalnizyan's logic is a complete fail
You mean the one by some dingbat that has never run a small business or been to business school?
Yabut they probably had to pay for parking in order to pick up their welfare cheque... The rich get all the breaks!
No the one with the vice president of the Canadian Association for Business Economics and the CEO and chair of the Canadian Federation of Independent Business (CFIB).. you retard.