Mike's Daily Comment

You can’t assess the impact of a minimum wage increase without including all the other costs that government is adding – property tax increases, employer expanded CPP contributions, higher holiday and employment insurance payments.

Only 13% of minimum wage earners live under the poverty line, which means that for $100 in extra income less than $13 goes to people living in poverty. There are far better ways to help.

And it’s not a good one. As Bernie Sanders observes, ideas that were formerly considered off the wall, radical and fringe have now gone mainstream.

Just like the former Soviet Union but let’s not stop at demanding lower gas and housing prices. Why not every price we don’t like – except the cost of government, of course.

Famed Economist Nails What Wrong With Politics
Posted by Michael Campbell
on Wednesday, 5 June 2019 10:55
No accountability, no responsibility and no consequences is not a recipe for sound decision making but that’s how it’s done.