You run and hide when challenged. 's ok...we understand.
Salon is generally crap but the point made is legit regardless.
You run and hide when challenged. 's ok...we understand.
Case in point:
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Last edited by TeyshaBlue; 03-28-2016 at 09:27 PM.
TB, lost in his own fantasies.
Keep running from the question, coward.
America NEVER learn from other countries, but this is worth watching (esp under an otherwise typically retrograde conservative UK govt)
World watches Britain’s ‘living wage’ experiment
The new policy, which starts on Friday, will see the wages for low-paid workers rise four times faster than average earnings this year.
The world will be watching. Governments in many developed countries are turning to minimum wage policies as they try to deal with inequality and anaemic wage growth.
The stagnation in wages in recent years has been blamed on the rise of global compe ion, the decline in collective bargaining, a slowdown in productivity growth and the way in which technology has “hollowed out” some middle-skilled jobs.
In response, Germany introduced its first ever minimum wage last year; Japan’s prime minister Shinzo Abe has called for minimum wage increases of 3 per cent a year for the foreseeable future;
“Minimum wages have never been so popular. The next question is: how far can you push it?”
This is the question that Britain’s new national living wage — which starts at £7.20 an hour and will reach about £9 an hour by 2020 — will put to the test.
At £6.70 an hour, a minimum wage worker in the UK would have to work 26 minutes to buy a Big Mac.
That is better than the US (41 minutes) and Japan (32 minutes), similar to Ireland and Germany, and worse than Australia and Denmark (18 and 16 minutes respectively).
If Britain brought in its £9 an hour target today, a minimum-wage worker could buy a Big Mac after 18 minutes.
But economists’ opinions are now more nuanced, in large part because of the experience of countries such as the UK, which have so far sustained steady increases in the minimum wage without doing any notable damage to employment.
The early signs from Germany are also positive. In spite of nervousness from businesses about the introduction of a minimum wage of €8.50 an hour last year, the unemployment rate has continued to fall and is now at a record low.
“My view of the history of minimum wages is that we’ve always been surprised about how you seem to be able to push them up without harming job prospects,” says Alan Manning, a professor at the London School of Economics.
http://www.ft.com/cms/s/2/2ae61f24-f...#axzz44IQKt8Xe
Last edited by boutons_deux; 04-01-2016 at 10:58 PM.
New York Budget Deal With Higher Minimum Wage Is Reached
http://www.nytimes.com/2016/04/01/ny...s-reached.html
red, slave states screwing workers, blue states helping workers.
And a union made election contributions to several Democrats who voted for it on the same day.
so as a low-wage, low-info laborer, you hate unions?
"I argue that there shouldn’t be a minimum wage in the first place"
... so you, cretin.
Excellent analysis and rebuttal. Will recommend to friends and family.
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