Fed Issue #30 - Another broken promise: Tax cuts for the middle class

Just one wee "clarification" Werner.
PS servants are to a degree taxed on their DBPs. The amount contributed is also "clawed back" against RSP contribution room. But, as you said.
Its a lot easier to max an RSP contribution, and or a TFSA or RESPs or all three, when the working stiffs are funding that pension......Or rather you have that behind you. Frees up a ton of money to
Pay down the mortgage
Sock away
Pay off the car loans
etc.

So yup, would tend to agree that that in an ideal world, if the working stiffs and better off can't take advantage of various tax breaks, that to........

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Originally Posted by werner.reiche

It's not just the government - its industry too. Why hire someone with an engineering degree when you can get someone with a masters for the same price. Couldn't find a (suitable) job when she graduated with a B. Eng in biomedical science. Went back for her masters and was offered a job literally 10 minutes after her thesis defence.

It's what I call "education inflation". and I don't have an answer for it other than to tell people that the problem is not lack of education, its a lack of jobs. There is a fixed number of jobs and the best educated will get them. So people go and over-educate to be at the top of the heap. That works for individuals, but it is very, very bad for the herd.

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Absolutely. Completely agreed.

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Originally Posted by awndray

Again, I agree with what you're saying. But you also brought up the subject of post-secondary education and the astronomical costs associated to it. That too, in my opinion is a subject for another thread. The push for university education in this country in the last couple of decades has been one of the best scams pulled by our governments. That one needs a 4 year degree to obtain a decent wage is a fallacy. We all know this. Yet we have an educated generation of largely unemployed or underemployed debt-holders. It's shameful.

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The unions have a large part to do with it as well. They push their members to obtain more education so that they can negotiate more pay. The public sector is horrible for that as they are all now deemed to be "professionals". It really irks me when I see some doing menial jobs for big pay because their collective agreement lumps them all in there.

Example: My daughter is an RPN. She now wants to be an RN. This is now a bachelors degree. Back to university for the next 4 years. Zero credit for her current license. A couple of decades ago it was a simple extra year in college. The work has not changed but the money scam has for sure.
The bulk of the knowledge is still obtained as a hands on experience. Something a school can never teach no matter the profession. Give me all the theory you want but until I can put some of it in practice then forget about it. I have always been a strong advocate of colleges but unfortunately they are now in bed with the universities.

Oops, JB you dissed the 'rebel' , now mosq. is probably melting his keyboard with the speed of his fingers. I made that mistake before, and was the brunt of his wrath. LOL.

And yet Impact.
The province ( or rather different jurisdictions) are letting RNs go, by the thousands and hiring RPNs.........if that trend continues. she might want to stay a RPN, save the money, the schooling, be a mom, spend time with her kids, etc....

Back to the family member that couldn't get hired on as a teacher, and instead became a tradesman....An industry that would seem to be bad for males......His wife is an RPN. She makes really good money, ( I think close $40/hr which is about double the mean) but has to pull double duty at a couple different hospitals, works ungodly hours.....

Impact , do you really think that nursing has not changed over the years? You had better talk to your daughter about that. The duties and responsibilities are much different between a RPN and a RN and so is their knowledge. Yes I want a nurse that has a degree, in that operating room, not one with a diploma.

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Originally Posted by fishermccann

Impact , do you really think that nursing has not changed over the years? You had better talk to your daughter about that. The duties and responsibilities are much different between a RPN and a RN and so is their knowledge. Yes I want a nurse that has a degree, in that operating room, not one with a diploma.

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Being one that works in the health care industry I am more than able to speak on the subject. And your credentials are???

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Originally Posted by JBen

And yet Impact.
The province ( or rather different jurisdictions) are letting RNs go, by the thousands and hiring RPNs.........if that trend continues. she might want to stay a RPN, save the money, the schooling, be a mom, spend time with her kids, etc....

.

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Tried to tell her but won't listen...lol
FYI, on average an RPN makes $30/hr and RN about $42/hr so a difference of about $24K a year.
The RN is also now more focused on the admin portion of the job whereas RPN do grunt work.
The RN still has an opportunity in areas such as OR and Emerg if that is what they wish to do but the Bachelor's degree buys them "Admin" rights.

Impact....I worked 35 years in the heath care field, LTC , nurses in the family, and my son is a Phd. medical researcher as well. At work I dealt with PSW's, RPN's and RN's, all day every day. Their knowledge and expertise are very different, hence the wage gap. No RPN's in surgery, in fact a RPN is not even allowed to give an injection.

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Originally Posted by fishermccann

Impact....I worked 35 years in the heath care field, LTC , nurses in the family as well. At work I dealt with PSW's, RPN's and RN's, all day every day. Their knowledge and expertise are very different, hence the wage gap. No RPN's in surgery!

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Don't know which 3rd world country you worked in but here are today's job postings for RPN's in OR....

https://ca.indeed.com/Registered-Pra...ting-Room-jobs