Quote:
Originally Posted by Rathji
While your thinking is correct, unless everyone got the same % raise, it would still increase the purchasing power of those on minimum wage.
Unless you are claiming that the net effect of raising minimum wage is a near identical raise for everyone in the province, on average. This might be true, in the long run, but I would not guess that is the expected result, if all other variables are kept constant.
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Really? Why would you think that?
If the dishwasher is currently making $11 and gets a raise to $15 the line cook who is making $15 will want $19.
The guy stocking the shelves at the supermarket just got a raise, guess where that cost is going to get passed on to? Guess how? Your food just got more expensive. Wonder why?