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I think that EI and CERB should be 75% of your normal pay (EI is normally 55%). I could say that CERB should receive your county's "living wage" which is sadly more than most retail workers make. In Grey/Bruce that's $18.39/hr so that would be even worse (for those having to work right now). Now, there is a gap between $16 and $18.39 but you'll find happier employees if they're all making $16/hr vs minimum wage $14. Unfortunately, this slow down will only lower the standard of living and raise prices after (you know it's coming even with government bailouts to companies) so $18.39 will probably become $19.39/hr needed to live here. I'm on regular EI illness benefits right now. They bumped it up a little from what they initially said (I'm assuming that's a result of this situation) I would get but it still works out to $1,036 a month after taxes (75%). I usually clear around $1,400 a month if I'm lucky. The one thing I will say is this. Now that people are making more money and corporate stores are not going under as a result. How many people will be willing to have their pay go back to what it was before the virus when (if) this is all over? Clearly, the corporations have proven they can 'step up' and pay more and not go under and not jack up prices. I'm sorry to say that after this is over I would support a minimum wage increase to $16/hr AND a mandatory government regulated price freeze on all essentials for 3-6 months (gas, food, rent, utilities) only to get the economy stable and moving forward. Sorry to all of the small struggling businesses out there, but to be honest (as I was one of you years ago) the weaker of you will be culled out during this event anyways. Many will survive this, but you can bet that when it is over things like hydro won't go back to 20c/kwh (it will probably sneak up higher over the year following) from 10, they'll make up their losses and take any money the government offers them. It's the way of the world. The thing hydro has proven during this that you should remember - not all plant workers are essential. The ones that are not are the ones adding to your hydro bill each month. This is a response to a US/American article, as noted the same thing is happening here: https://medium.com/@streetwisediogenes/essential-workers-are-making-less-money-than-those-on-unemployment-d92b7d8dc22b In Canada today "Prime Minister Justin Trudeau announced the expansion of the Canada Emergency Response Benefit, & topping up the pay of essential workers making less than $2,500 a month. Anyone who makes under $1,000 a month, those who can't work seasonal jobs, or if you've run out of EI you can apply for the CERB" The CERB, wage increases, EI, it's all making a complete clusterfk out of the entire system. I'm curious if anyone notices this is a way to get people on "living wage" (some faster than others regretably) without calling it that and forcing businesses (who survive) to pay more. I'm curious,If we get past covid, how the government will "supplement" these wage increases to keep a living wage standard going? Nationalize private corporations perhaps? I see the auto industry first on that pile of socialism.
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For all those people trashing Trump over pushing hydroxychloroquine and chloroquine as possible treatments, ask yourself why they are really doing that? Remember what they've done to Trump over the last 4 years?
The people who strongly oppose Trump with no discussion are the same ones that brought us the Russia collusion scandal and promoted green energy plans set to destroy the fossil fuels industry. I'm not saying these two drugs work entirely, and there are a couple others to look at, but bashing Trump because he feels passionate about wanting to end a crisis is confusing at best. It's like people are trying to pick the lesser of two evils, Trump or Gates (Soros is apparently old news these days) and not looking at the bigger picture. Who cares who gets a few more points on their stock if they find a drug that can lead to the control or even destruction of #CCPV19? Response on Facebook to this inaccurate article written in Chicago Tribune: https://www.chicagotribune.com/midwest/ct-lake-huron-nuclear-waste-20191208-7swbertipjf53dn7f6kn653t7i-story.html
This article is not accurate. Let me say before I begin that I do not support the nuclear waste dump facility being built here, but on that, inaccuracies in an article rooting for my side do not help. First, "South Bruce" and "Huron-Kinloss" are two different areas. If it is "South Bruce" it's farther away from that the originally proposed site at the nuclear plant west of Tiverton, Ontario (where the second-largest nuclear facility in the World sits now) https://www.nwmo.ca/~/media/Site/Files/PDFs/2019/05/02/13/24/The-Land-Access-Process-Mapping-Areas-of-Interest.ashx?la=en Second, it's hardly a race at this point, the two (actually 3) communities have been the "proposed" sites for over a year now, both are under review. I guess if you want to make a sort of twisted fun game out of it you can call it a race. Third, "a long process" doesn't remain. In fact, it's in the final stages now. Granted the final stages will still take several years but where was the Chicago Tribune when this was first announced over 5 years ago? And while I appreciate their efforts "spent fuel rods" are considered "high-level nuclear waste" and this storage facility proposed will only store "low and intermediate nuclear waste". What they fail to realize that "nuclear waste" is being transported each and every day from the four nuclear plants in Ontario. The bad thing about this proposal is the increase in local UNITED STATES generated nuclear waste which could now be delivered to Canada to be stored in the proposed site (if it's here in SW Ontario). Let's try to keep our eye on the Facts. The actual proposal today: https://www.nwmo.ca/en/A-Safe-Approach/Facilities/Deep-Geological-Repository OPG write up: https://www.opg.com/strengthening-the-economy/our-projects/the-deep-geologic-repository/ Areas which are no longer being considered: https://www.nwmo.ca/en/Site-selection/Study-Areas/Areas-No-Longer-Being-Studied You can hoard all the paper currency you want and insist on using it everywhere you go. The problem is, our global economy is already digital and that paper (polymer) money in your hand is only worthwhile if someone else wants it.
If the economy collapses to a state of deep recession or deep depression paper (and digital) currency will mean nothing. Even if the paper currency were to retain its' value, which it won't, inflation will skyrocket. What you could buy with that $5 bill today won't even be a downpayment on the item tomorrow. All you are doing by drawing money out of the banks is to scare the elitists who control the banks. This will lead to protectionist measures to keep a firm hold of your money from you. Higher interest rates, more service charges, lower withdrawal limits and so on. In an apocalypse, two things have value - practical material goods (assuring the basics food, shelter, and clothing) and personal skills (your value in the collective or on your own). Paper currency will be worthless. Anyone who says people will still take currency seems to forget that the government determines what is and is not legal tender. Remember the penny? Poof. Gone. They can just as easily do that to physical currency if they want to. |
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