Machjo, you can't live on less than minimum wage, you can't even live well on minimum...how can you not see that?...you want to take away what they currently have, why? Why are you making the poorest share the wage...that is backwards, totally and completely backwards...punish your lowest paid workers and spread the 200 dollars out amoungst 5 instead of two...
Makes no sense at all...none.
if you are desparately trying to feed your kids on that and pay your rent you aren't going to threaten anyone, in fact you are just happy to have the job...
and that is the sad part, not any different than slavery
you live on $8.00 an hour then and spread the rest of your pay out among the others ...let us know how it goes
You're not looking at the big picture though. How is social security any better? I'm for raising government spending for skills training for the unemployed along with reasonable assistance while there. I'm for school lunches. I'm for increased school days so as to save parents money on summer camp while also giving the kids a better education. And I'd even be prepared to pay higher taxes to help pay for that. The idea there is to raise people's skills, education, etc. so as to make employers want to hire them at a higher wage as is the case in Sweden. raising the minimum wage is a quick fix.
How about this. Let's try an experiment. In one province, the minimum wge is eliminated. In another province, we raise the minimum wage to 20.00 per hour. and let's have another province at the current minimum wage.
Feel free to disagree with me, but I'd be willing to bet, all else being equal, that:
In the province that eliminates the minimum wage, those earning minimum wage may or may not experience a wage reduction, while those who are unemployed may or may not increase their chances of employment. Should unemployment drop, government might be able to afford more generous social security for those who are still unemployed. Overall though, while some of the already employed might suffer, some unemployed might benefit, with more benefit than harm overall. But the above woudl be the trend at least.
In the province that raises the minimum wage to 20.00 per hour, unskilled workers lose their jobs, while those working at the new minimum wage might even witness a slight wage increase but more work. Those who could otherwise have earned slightly below the minimum wage (e.g. 19.00 per hour) are now forced onto social assistance, resulting in a significant drop in quality of life.
In the province that does not change it, it would stay the sameas now.
We could of course throw in a fourth province that would lower the minimum wage so low as to fall below the equilibrium price for anyone, thus having the same impact as in the province that removes the minimum wage since that minimum wage would be redundant anyway.
If the theory goes that raising the minimum wage is good and has no negative impact, why not raise it, right?
Well you are never too old to learn:
A wage slave is a business slang term that describes someone who is completely dependent on wages earned from a job in order to secure and maintain the basic necessities of food, clothing, and shelter. Typically, this individual has no other types of financial assets that are earning some sort of return that can be called upon in the event that there is an interruption in employment. One school of thought also holds that a true wage slave feels trapped into a particular job, holding the perception that he or she would be unable to secure another position that would pay as well or even better than the current position.
While many people utilize wages and salaries as their main means of income, the wage slave has no other source of financial resources to call upon in an emergency. There are no stock holdings to generate periodic dividends, nor certificates of deposit earning interest with a local financial institution. Often, the wage slave does not have any type of insurance benefits that help to offset lost wages in the event of an illness or a prolonged period of unemployment. Unless the individual remains employed and works daily, the flow of income stops and his or her ability to maintain the current level of lifestyle is adversely impacted.
And how does raising the minimum wage to 20.00 per hour benefit him if he has no sellable skill (the most likely reason for the low wage)? Why not send him to school instead so as to make him more attractive to employers. Instead of superficial bandaid solutions, why not deal with the root of the problem?
In Regina McD's and the other pay 13 beans an hour and imports permit workers from the Philippines and India. Minimum wage is $10.15
That is an extra $480 above minimum per month.
$24960 gross per year which is enough to score a mortgage.
If everyone there earns more than minimum wage, then it's redundant, isn't it, which proves my point that the minimum wage is always either redundant or harmful.