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Study busts myths about who benefits from $15 minimum wage — 3 Comments

  1. No one at my work makes minimum wage,but there are those that make less than $15 an hour and some that are just over $15 an hour. The challenge we face is that most of our services are free, so upping the price will not cover the increase. We rely on government grants to cover core operating costs. So we have the issue of both the increased minimum wage and providing a wage differential for those that are currently making just over the $15 an hour. I want to pay more to the staff. Doing the math, we would need about 5% increase in our property tax levy grant to just cover bringing people up to the $15 an hour rate (not including other cost increases). Now what about those that used to be making about 40% more than minimum wage whom now are just making a bit over the new minimum wage? Would they not have an expectation of making more than someone with less experience and skills who are in entry level positions? To keep them at the same relative wage above min wage would require about a 25% increase in our grant. At this point we have been told that the max we can apply for is a 2% increase, which would not even cover half of the increase to the minimum wage. So what do we do? Raise more money? Yup, we are writing more grants, but most of these only pay for specific projects, not core operating costs. More fundraising, yup doing that. Cut staff hours and other programs? Hope it does not come to this. So I guess my point is that yes, lets increase minimum wages, but lets also recognize that there are organizations that will be impacted, and I hope that the public, media and government are prepared to try and help.

  2. Minumium wage rises in strong economies and drops in weak economies without government interference. The Ontario greenhouse tomato growers are already in trouble with the combination of higher NDP heating cost and wages. Ideological thinkers are the only ones that think a higher minimum wage will work. All it will do is turn full time into part-time, speed along automation, and introduce artificial inflation in a weak economy that will result in higher interest rates. Business will not only suffer with higher wages, payroll tax will go up along with interest rates. Deep thinkers should think again.

  3. “The advocates of the minimum wage and its periodic boosting reply that all this is scare talk and that minimum wage rates do not and never have caused any unemployment. The proper riposte is to raise them one better; all right, if the minimum wage is such a wonderful anti-poverty measure, and can have no unemployment-raising effects, why are you such pikers? Why you are helping the working poor by such piddling amounts? Why stop at $4.55 an hour? Why not $10 an hour? $100? $1,000?

    It is obvious that the minimum wage advocates do not pursue their own logic, because if they push it to such heights, virtually the entire labor force will be disemployed. In short, you can have as much unemployment as you want, simply by pushing the legally minimum wage high enough.”

    Murray N. Rothbard