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Updated on Monday, October 19

#23220

OMG:

The minimum wage should be high enough that you would be comfortable with someone else raising your children on it. Otherwise, ban adoption.

8 comments

  1. Shhhh. Then nobody will buy degrees anymore.

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  2. businesses exist to serve themselves and customers, not its employees. If you don't like the way a business is treating you, then start your own....oh wait you cant since the min wage is so high

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  3. I agree with your first part somewhat. There should be a livable wage in Canada allocated to rise with inflation for a better standard of living. Otherwise we will just end up paying for the poor through other taxes.

    The latter statement I have no idea where that came from. Who are you banning from adoption?

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  4. Unqualified employees will just get replaced by machines if the minimum wage is too high. This is already happening in grocery stores (new grocery stores favor self-serve stations over cashiers). Next will be janitors etc.

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    1. Actually next are professionals in finance. The higher a salary the better it is to automate. Low end jobs are not worth the equipment costs.

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    2. Poor AFMers :( 4 years of networking for a job at McDonalds

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    3. Yeah except automating finance professional jobs won't be a possibility for a long time. Unless you're talking about like basic book keeping.

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    4. Not really 4.c. FinTech is advancing quite quickly now. It's not really a new idea either. Many people, including myself, saw the potential for such back in 2008 when the market's crashed. It's pretty much the reason why I stayed in the Waterloo region from 2009 onward. I personally find it an interesting field, especially if one can include their own thinking in with the programming. Plus if you have/had the ability to spank others at the stock market then it's even more entertaining.

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