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Your home city is rocking Waraa! !!!! 15 dollar an hour minimum pay???? That is amazing. But will it cause deflation and unemployment hike? I am curious.
We already have the highest minimum wage in the country. But the whole process is to take five years to be fully implemented. But the most remarkable and progressive part of the plan is that minimum wage will be tied to inflation, so an expected increase of 2.5% a year.
Businesses will shut down, thousands will lose their jobs, unemployment rate will spike up, long lines at the food bank. Prices will increase.
Did you know Alberta has the lowest minimum wage in Canada but has the least amount of people making mimumum wage? Only 15,000 out of 4 million people are making minimum wage. This is evidence that you dont need minimum wage laws
I am,
Abdi "Let the market determine your wage" Johnson
Last edited by AbdiJohnson on Mon Jun 02, 2014 6:53 pm, edited 1 time in total.