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Canada

Else You Are Mad

(3,040 posts)

1. All the money made will directly go into the economy.

Reply to inanna (Original post)

Tue May 30, 2017, 05:04 PM

May 2017

If you are making minimum wage you do not have the option to save money, so by raising it you are essentially putting money into grocery stores, landlords, clothing stores and the service industry.

A millionaire that gets a raise will only buy a few pairs of jeans and cars. Spread out that money to 100 poor people and they will buy 100 pairs of jeans and 100 cars.

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The new $15.00/hr. minimum wage increase in Ontario is... [View all] inanna May 2017 OP

All the money made will directly go into the economy. Else You Are Mad May 2017 #1

Yeah. That's my thinking on the issue. inanna May 2017 #2

Exactly. All Chambers of Commerce... Else You Are Mad May 2017 #5

Pretty much exactly this, Saviolo May 2017 #4

1) 70% of the GDP is consumer spending. guillaumeb May 2017 #3

The oldest (first) comment on the CBC board is this one: inanna May 2017 #6

I'm really at a loss to understand wage increase hatred. EllieBC May 2017 #7

There's been a lot of fear mongering in the Ontario media inanna May 2017 #8

I can recall a time (before Wal-Mart came to Canada) inanna May 2017 #9

I have friends who work for Save On Foods here in BC. EllieBC Jun 2017 #10

Sadly, True Dough Jun 2017 #11