imconfident

I sincerely believe that it is far more beneficial and far less costly to help a child build confidence than it is to fix an adult who has little or none.

Increasing minimum wage in Ontario

on May 30, 2017

I’m listening to Kathleen Wynne talking about labour changes and increasing minimum wage.  Yes, people would certainly like to make more money but there is no mention of all the problems this will cause.

  • There will always be a minimum wage no matter if it is $15 or $50.  Someone will always be at the bottom of the scale and there will always be people struggling to make ends meet.
  • When wages increase, prices increase so people will have more income but will be spending more on food, services, rent, etc, etc. – so they really won’t be any further ahead
  • Many small companies who pay minimum wage are barely making a living themselves and if the wages increase they will be forced to close their companies and then they will be struggling to make a living
  • Employees working for small companies will likely be facing unemployment and be getting less money than working at minimum wage
  • The government will be have a higher percentage of people collecting unemployment and welfare which will add to debt

Who wins by raising the minimum wage??

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: