Quote of the Day: “The combination of economic and political power in the same hands is a sure recipe for tyranny.” Milton Friedman
Sami Pritchard, the Interim Director of Advocacy and Communications at the YWCA of Toronto has an op-ed on the Editorial Page today. She starts off her column by stating: “April 4 marked Equal Pay Day — which signifies how much longer a woman must work, on average, to earn the same as a man.” Well, if there ever was a more manipulative and unethical statistic, you just read it! (But it certainly interesting to note that 6 people (all female) made it to the 2022 Sunshine List this year from the Toronto YWCA. And why is this private organization on the Sunshine List? Because they get a huge amount of money from governments for their services…) She suggests that: “Privatization widens the wage gap, exploits workplace rights, and reinforces poverty – especially for women, racialized, and immigrant workers, who tend to be employed in lowerpaying social service jobs.” Hmmm… I wonder if the YW should return all of that privatization money that they get – seeing how it does so much harm to society.
The Business Section today has a ridiculous class warfare piece where Josh Rubin of the Toronto Star tells us about a raise in pay that Galen Weston received from Loblaw. Just plain obnoxious. But to make matters worse, Rubin quotes David Macdonald from the Canadian Centre for Policy Alternatives and calls him their “chief economist”. Once again, Macdonald has no formal training as an economist. He has a MA in Philosophy – that’s it. I’m more of an economist than he is. Of course, Rubin has Loblaw union reps weigh in on Weston’s salary. Of course, they compare his salary to a per hour amount. Of course, Macdonald said part of the “blame” for rising salaries goes to compensation consultants. Of course, this is a TorStar article…