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High wages for unskilled labor, attn GStan
I was talking to someone I know recently and he brought up the best counter argument to the $15 minimum wage that I have heard thus far. He said that a $15 minimum wage would essentially completely kill off all manufacturing jobs in Canada because it would make our end products uncompetitive compared to other countries like China where they have much lower wages. The stuff made here would cost too much. There is talk of the government offering incentives to counteract the cost of the higher wages. Also, like I said, I wish they would all just slash their executive salaries to make up the difference. Hopefully there is a way to make it happen without destroying the economy. I think it would have a lot of great benefits to society overall, and I really do think that aspects of it could actually really stimulate the economy.

I would *love* to see legislation to reign in executive salaries at corporations. Or just tax them to the point that such a high salary becomes pointless. In pro sports a lot of the athletes have salary caps. I say why not executives also.
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RE: High wages for unskilled labor, attn GStan - by SickBeast - 08-14-2017, 05:06 AM

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