Quote:
Originally Posted by Handsome B. Wonderful
Consumer Price Index data is available on the Statistics Canada website.
August 1995
Partly skimmed milk, 1 litre $1.29
Bread, 675 grams $1.25
0.508 hours work at $5.00 per hour.
August 2016
Partly skimmed milk, 1 litre $2.30
Bread, 675 grams $2.99
0.472 hours work at $11.20 per hour (and if it matters 0.353 hours work at the hypothetical $15.00 per hour). |
your numbers do suggest the current increase is needed - $15 is perhaps too high - but hey i'm all in favour of taking from the rich to give to the poor - and no I don't believe any of the jobs lost BS