Quote:
Originally Posted by peter12
Yeah, I get the feeling we are at an economic tipping point, but that no one knows what the scale is, or what the effects will be or really anything.
Lots and lots of anxiety, and in these cases, I think the best thing for policymakers to do is pretty much nothing except for small tweaks to the social safety net.
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I agree with this statement. As far as the tweaking is concerned though, if this maximum 34% wage increase only affects 10% of working Albertans do you consider it too big of a change? It would be very interesting to see the actual breakdowns, for all we know there could be 90% of that 10% who make over $13.50/hour. For any workers currently earning more than $13.50/hour the raising of minimum wage to $15 equals an 11% or less bump in pay.