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UN Takes First Step To End Israel's Impunity
Database Of Earthquakes Triggered By Human Activity Is Growing
Threatened With Extinction: World's 'Doomsday' Arks and What They Hold
Escalating war on net neutrality, Bell Canada wants to block Canadians� access to pirate websites
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To: letters@edmontonjournal.com Cc: jgraney@postmedia.com, egraney@postmedia.com
Subject: Re: NDP must halt 'job killing' minimum wage increase: UCP, Juris Graney, Emma Graney, September 29, 2017
- http://edmontonjournal.com/business/local-business/ndp-must-halt-job-killing-minimum-wage-increase-ucp
- The focus on a potential cost of a minimum wage hike (i.e. jobs not created over a period of years) unfortunately draws attention from the overall benefits: happier and more productive employees, reduced turnover and associated training costs, and a general reduction in income and gender inequality that will result in a healthier and more stable society.
- Even if there should be dis-employment effects that harm a small cohort, remedial programs could be implemented. The provincial and federal governments should offer a youth job guarantee where all applicants will be paid and trained for work in energy conservation, youth recreation, and community services such as helping the aged.
- Those who protest minimum wage hikes on the grounds that the most vulnerable will suffer continue a grand tradition of resisting progressive measures. As the late Canadian economist John Kenneth Galbraith opined, "��The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness."
-
- Footnotes:
- 1. Minimum wages 101
- http://bilbo.economicoutlook.net/blog/?p=1010
- OECD (2006) finds that:
- The level of the minimum wage has no significant direct impact on unemployment
- The level of the minimum wage has no significant direct impact on unemployment
- 2. The truth about the minimum wage
- http://www.msnbc.com/msnbc/the-truth-about-the-minimum-wage
- The research on minimum wage increases in the United States over the past two decades is clear:
- [Moderate] increases in the minimum wage raise the hourly wage and earnings of workers in the lower part of the wage distribution and have very modest or no effects on employment, hours, and other labor market outcomes.
- The research on minimum wage increases in the United States over the past two decades is clear:
- 3. Seattle workers better off after significant minimum wage rise
- http://bilbo.economicoutlook.net/blog/?p=34153
- low-wage workers� employment, hours and wages all rose substantially. Neighboring areas that had similar trends in these variables before the increase and that, by the way, were also bound by the highest state minimum wage in the country when the increase took effect saw even larger employment and hours gains.
- low-wage workers� employment, hours and wages all rose substantially. Neighboring areas that had similar trends in these variables before the increase and that, by the way, were also bound by the highest state minimum wage in the country when the increase took effect saw even larger employment and hours gains.
- 4. John Kenneth Galbraith quote
- http://www.brainyquote.com/quotes/authors/j/john_kenneth_galbraith.html#EDL2V5OBe6ZtEEph.99
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