And over at Jason Cherniak's blog, there's a delightfully animated discussion on the topic of (what else?) raising the minimum wage, with entertaining comments like:
If a gas station attendant gets paid more, it means that one of two things will happen: 1) the gas station owner makes less money to spend on other things, or 2) prices go up and drivers have less money to spend on other things.
Which is a valid point since, if Home Depot were to raise the minimum wage for its workers, it might be able to give its outgoing CEO only $200 million in severance instead of $210 million. And, frankly, I just can't condone that kind of cruelty.
AT NO EXTRA CHARGE: Some south-of-the-border wankery goodness related to the minimum wage. Can these people ever stop lying? (Answer: No.)
2 comments:
The noble goal of life...to have money to spend on things.
Who breeds these people?
With all due respect, CC, you've taken this quote out of context. The commenter's intent was to demonstrate that increasing the minimum wage would not change the total amount of money available for people to "spend on things" and therefore not increase inflation. It was a counter-argument to Jason's feeble arguments against $10/hour.
Cherniak's post, not surprisingly, is his usual public-policy-as-partisan-political-game hackery. When he says he would support a "reasonable" increase, what he means is a Liberal increase, but not a NDP increase.
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