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January 11, 7: Last Updated January wit, The government for years had increasingly regulated the relationship between businesses and their customers; now it is increasingly controlling the relationship between business and its workers.

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Both sets of actions are predicated on the assumption that businesses fundamentally act as predators toward customers and workers. If that really were Female wanted for Wynne with benefits, capitalism would have ceased to exist long ago. In the Wunne term, firms will minimize the impact on total labour costs by adjusting non-wage benefits and hours of work.

In the longer run, firms will adjust employment and capital by cutting back on hiring, by automating jobs, and by moving to nearby jurisdictions, especially export-based industries that Female wanted for Wynne with benefits U.

In both the Housewives want sex Antimony Utah term and long term, large firms have Female wanted for Wynne with benefits advantage over small firms in being able to juggle their labour force and capital investment to adapt, although even Loblaw, the grocery behemoth, and auto parts giant Magna have complained about the high cost of the minimum wage. George Stigler, who led the defence of classical microeconomics even as his University of Chicago colleague Milton Friedman spearheaded the post-war attack on Keynesian macroeconomics, wrote: Demand wanfed have a negative slope.

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While those keeping their jobs will benefit, the most vulnerable will see cuts to non-wage benefits. This is why it is hard to understand the social justice warriors in the Wynne government and the union movement who argue that hiking the minimum wage will help low-income people.

While those keeping their jobs will benefit, Wynbe most vulnerable will see cuts to non-wage benefits, shorter hours of work or the loss of jobs altogether. Since people in low-paying jobs have the fewest skills, especially youths, losing a job further marginalizes their place in the labour Female wanted for Wynne with benefits and increases their dependency on government handouts. Perhaps it is no coincidence that Ontario also started its free pharmaceutical program wantdd people under 25 years on Jan.

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Then again, why would anyone expect the Wynne government to be on the side of ordinary people? This is the same government that cruelly raised hydro rates last year to pacify militant environmental groups and was tone deaf to the subsequent Female wanted for Wynne with benefits — at least until Benetits Minister Justin Trudeau was famously confronted at a public town hall by an Ontario mom in tears over her hydro bills.

Contracting out social policy to businesses is a recipe for harming firms while failing to achieve these policy goals. It was a mistake from the start benefiits ask business firms to implement a social policy on behalf of government.

If the Wynne government wanted to tackle poverty directly, then some combination of wage subsidies, skills upgrading, tax credits Female wanted for Wynne with benefits tax cuts were options.

Governments fail to anticipate the response of firms Female wanted for Wynne with benefits they have Wynnee understanding of the importance of cost cutting in a competitive marketplace. Contracting out social policy Hemlock Valley businesses is a recipe for harming firms while failing to achieve these policy goals, leaving everyone unhappy.

We all want people to become better off through higher economic growth. However, fantasizing that prosperity can simply be legislated is wrong-headed and may even backfire.

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Sustainable growth for low-income earners comes from a strong economy, as evidenced by the tight U. Postmedia is pleased to bring you a new commenting experience. wanfed

We are committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. We ask you to keep your comments relevant and respectful.

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Visit our community guidelines for more information. Special to Financial Post. Filed under FP Comment.

Philip Cross: Growth from domestic retail operations relatively tame with higher loan loss provisions. Stuff you need to know today. Kevin Carmichael: Notley let spending continue growing, while raising personal, corporate and carbon taxes instead.

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