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Monday, May 21, 2018

Ford is a danger to the working class

7 Ways Doug Ford Will Make Life Harder For People

Forget the (many) problems with the man himself — here's 7 ways Doug Ford's plan will make life worse for most people.

1. Wages will fall as the minimum wage increase is cancelled

Doug Ford has promised to cancel the minimum wage increase. This will lower wages in two ways.
First, workers currently making less than $15 per hour will not see their planned wage increase materialize. Obviously this represents a substantial loss for them.
Second, workers making more than $15 per hour will be less likely to experience wage increases because wage pressures from below will be diminished. One effect of a higher minimum wage is that employers paying just above minimum wage face greater pay competition and often have to increase wages in order to retain workers. With the minimum wage increase cancelled, this will no longer be the case and employers will more easily be able to freeze wages throughout the economy.

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