- June 27, 2013 - 08:53
While personal incomes are on the rise (by a projected 6.5%) this also means expenses will rise once again, and the people in minimum wage positions will end up even further down the food chain. I can guarantee that income hike isn't going to affect the people in entry level positions. I would also like to note that the vast majority of individuals in those entry level positions have degrees that they are unable to find work with, because over 70% of the adult population of NL has a post-secondary degree. Not only that, but the people getting this hike are most likely in the St. John's an surrounding area, meaning that rural NL gets the short end of the stick again. Stop sounding so optimistic about a skewed system. I admire the people who worked their butts off to get to a good position, but there are a lot of people who work their butt off and get nowhere.
- June 24, 2013 - 20:54
We are not building a province...we are monetizing it, for the exclusive benefit of the residents of one city. But hey, that's the game.
- June 24, 2013 - 16:01
I guess they missed the Premier speech last week that said we are past peak oil. What does this mean? Since 1996 when we first started producing oil we have produced more than 50 percent of the discovered reserves. This means that production per year in the future must decline substantially if we continue until 2050. New finds would have to be huge to change this outcome.
- June 24, 2013 - 14:39
It would also be nice if the regualr working joe could actually afford to live. Things like home ownership, rasing a family, vacation, groceries, heat and light etc are becoming more and more out of reach with our new found wealth.,
- a business man
- June 24, 2013 - 20:09
Honestly, the average working joe can afford to live. What you fail to realize is that the average working joe works in an office, and likely has a university education. Those who can no longer afford to live are the unskilled and the uneducated, and I am perfectly fine with that. Yes, home ownership, vacations, groceries and heat are all becoming more expensive, and wages are rising for the skilled and educated workers. Those who are being left behind are the ones who dropped out of high school to take a low skill job, and those that never went to school and never invested in themselves or their own education. I went to school. I own many rental homes. I got on vacations at least 2 times per year. I went to school for 10 years after high school to ensure that I never have to worry about the rising cost of living. So, after all that hard work, I am hard pressed to feel sympathy for those who did not make the sacrifices that I did. And I am not concerned with the increasing price of home ownership because it has made my rental properties more valuable. As far as I am concerned, every thing is perfect in Newfoundland.
- June 24, 2013 - 13:45
Glad to see the business community is optimistic. It would be nice if they did something about the crime wave so we can walk our streets.