Quote:
Originally Posted by Cyclops
These minimum wage jobs should have quite a few applicants seeing as the unemployment rate is high. Oh right, these folks sitting on EI are making more than someone working a 40 hour week at minimum wage.
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The argument, as supported by facts from the Seattle experiment into arbitrary minimum wage rates is that there are less jobs to apply for. Companies will save money by employing fewer people, or will pick up and move jurisdictions.
The $15/hr minimum wage rate was ideological "stick it to the man" policy. The NDP had little to no supporting evidence that moving the rate abruptly to there would benefit anyone. They also did not show fact that $15/hr was borne out of a cost of living or quality of life study. Basically this is "We are sticking up for the little guy, suck it up big business!"
Now they are backing down on that too. Just like our Eastern lightweight PM, they got into power to see that facts although unpopular do matter. They are seeing their hated oil industry become their only hope for saving the economy and re-election. I am sure by next election folks will barely recognize this group, they'll actually look and sound like the PC party is my guess.