Answers to cost of living can be found in history

During the Great Depression, all people chipped it to resuscitate the economy. Such is not the case today.

I remember a time when I was talking to my father and asked him, “What did they do to help bring us out of the Depression?” His reply was, “First they banned overtime and created the eight-hour workday. This created more jobs for people so these people had money to spend.”

Workers, to save the employer money, need to increase their productivity. This can be done by pointing out areas of inefficiency. Employers, at the same time, must be willing to listen to and accept these ideas.

If we lower our prices, workers do not need a raise. The loss in profits can be made up by the increase in productivity.

We are going through a technological revolution right now. I think we need to look back in history to the time of the Industrial Revolution and look at some of the issues it created. I believe we will find some of the same things happening now.

Don’t you think it’s better to learn from history than repeat it?

Jim Bates


Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

Victoria Flamenco Festival goes virtual for 2020 event

The show will go online from July 23 to 26

Metchosin bird card project finds its wings

On display at Metchosin ArtPod from July 10 to 12

UVic research team creating virus-resistant washbasins for post-pandemic world

Civil engineer Rishi Gupta hopes basins will be installed in public spaces

Walk for Peace takes a virtual turn for Victoria Hospice

Residents can still register for Gordy Dodd’s 11th annual fundraiser

United Way Greater Victoria launches Hi Neighbour program in Esquimalt

Feedback sought from residents about funding for micro community projects

B.C. accommodators need phone lines to light up as in-province travel given green light

Travel restrictions during the COVID-19 pandemic have decimated the tourism and hospitality industries

300 Cache Creek residents on evacuation alert due to flood risk as river rises

Heavy rainfall on Canada Day has river rising steadily, threatening 175 properties

First glimpse of Canada’s true COVID-19 infection rate expected mid-July

At least 105,000 Canadians have tested positive for COVID-19 since the coronavirus was identified

Annual music event in Comox Valley celebrates online instead

Vancouver Island MusicFest holds virtual celebration set for July 10

Police ramp up efforts to get impaired drivers off B.C. roads this summer

July is dedicated to the Summer CounterAttack Impaired Driving Campaign

Migrant workers stage multi-city action for full status amid COVID-19 risks

‘COVID-19 has exacerbated an existing crisis’

Okanagan school drops ‘Rebels’ sports team name, citing links with U.S. Civil War

Name and formerly-used images “fly in the face” of the district’s human rights policy, says board chair

PHOTOS: B.C.’s top doc picks up personalized Fluevog shoes, tours mural exhibition

Murals of Gratitude exhibit includes at least one portrait of Henry alongside paintings of health-care workers

In troubled times: Independence Day in a land of confusion

Buffeted by invisible forces and just plain worn out, the United States of America celebrates its 244th birthday

Most Read