BrainKing - 讨论板 (Politics)

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Politics

Forum for discussing local and world politics and issues. All views are welcomed. Let your opinions be heard on current news and politics.

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18. 一月 2011, 19:13:37

SL-Mark

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题目: The minimum wage damages the economy and labour market!!... how in your view?

(V): You have not stated the basis of your question, your position, nor your knowledge on the subject. Hence communicating the answer in a way that you might understand is my challenge.

I can only surmise from your question that either:

a) You don't understand simple economics.
This is fine, just say so, and I'm sure I can explain this in lay-mans terms that you can understand, or

b) You disagree with me.
In which case you don't understand simple economics (see option a), or

c) You agree with me
In which case not sure why you asked.

18. 一月 2011, 20:21:57

Mort

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题目: Re: The minimum wage damages the economy and labour market!!... how in your view?

被Mort修改(18. 一月 2011, 20:28:07)

SL-Mark: Or that there are various different opinions on economics that if you do know economics you'd know.

If you feel that no minimum wage is a great idea, I disagree. It does nothing to encourage a skilled and liquid labour market. if people see they are going to get less than peanuts for a job, less than they would unemployed.. why work? the lack of such a minimum wage is a tax on the income the government gets. As such it is also exploitation. And has led to much civil unrest in the past. Which is another drain of public funds.. which, are raised on taxes.. as I'm sure you know.

I've seen (before minimum was introduced) companies staff changing rapidly, as people moved on quickly. It wasn't they didn't like the job, just they could not afford to live on the pay. The result being that new staff had to be advertised for and trained. When a decent wage was paid. People stuck at the job.

As for higher costs. Shop around.. haggle.. ebay. Labour costs are a small % of the actual retail price usually, as I'm sure you know.

18. 一月 2011, 20:34:04

Mort

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题目: Re: The minimum wage damages the economy and labour market!!... how in your view?

Artful Dodger: Most in the UK are against exploitation and slave labour. I thought it was the same in the USA.. or do people just turn a blind eye?

.. I know your military does.