Author Topic: What you need to get a Tim Horton's  (Read 2058 times)

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Offline TimG

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Re: What you need to get a Tim Horton's
« Reply #165 on: January 22, 2018, 10:52:09 am »
Tim is still running wth these outright lies about the affect of minimum wage.
Quoting the opinion of a economic at the University of California is not a lie. I even quoted the part where he explains why the the studies showing no effect are not that credible.

I’m sure all of these economists with PhDs from the Canadian Economics Association know what the “weight of the evidence” is. They all argue for the min wage increase and say it’s negative effects are minimal compared to the benefits.
Then why not raise it $100/hour? Oh right. Because that would be bad. The trouble with these assertions are made based on relatively modest increases in the past - not the absurd increase being pushed though now. Any economist who quickly declares that such an unprecedented increase will have minimal negative effects is basing their claim on ideology - not data.

More money for the lowest wage employees means more consumer spending which encourages job growth.
Assertions which are obviously nonsense. Any economist who makes such a claim must believe in perpetual motion machines because the idea that increasing wages can lead to more job growth in a global economy where goods and services can be imported from lower wage regions is simply absurd.