Quote:
Originally Posted by iggy_oi
Minimum wage jobs pay minimum wage as defined by labour laws. It's not a secret that most companies will pay as little as necessary, as you pointed out the market dictates this to an extent. The issue I have, and that I feel most people are ignoring is that we as taxpayers are paying a significant amount to help subsidize employee salaries to the benefit of companies who in a lot of cases are more than capable of paying their employees more but rather let us foot the bill for them. Do you really think if Tim Hortons was able to pay $16/hour before they aren't able to do it currently? Yes their business is likely taking a bit of a hit in this economy, but I think you'd agree that they are still doing fairly well, the round the clock line ups at every drive thru as well as the fact that there appears to be a new location opening every other week would suggest that they are thriving.
It all comes down to who is paying to help the lower class, we have been footing the bill for years, while the wage gap has grown increasingly wider. Yes businesses take risks to create jobs, but at the end of the day they don't profit without their workers or their consumers. I think people really need to start giving themselves a little more credit and respect as both an employee and consumer for the role they plan in the health economy and in providing employers with the money they make, we've been doing our part to fix the issue of poverty and other social issues I don't think it's unreasonable to have employers start pulling their own weight.
Prices might go up in some of these places, and places may close down, the consumer and labour markets may or may not balance themselves out, the reality is all of these things are already either happening or could happen as is.
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Your issue is with conglomerate businesses, but as everyone is saying, they are the least affected by it.
What you're ignoring, is the fact that these changes hurt small business the most. If you're so concerned about the lower classes of income, don't ever go to Tim Horton's/McDonald's/Wal-Mart again. Support local business only.
The problem is, you just turn around and say that business isn't viable if it goes under. There's no respect from socialists when Ma's deli can't compete with wages & costs of doing business.
IMO a much better solution for lower class earners would be a complete income tax exemption.