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2 comment(s). Last comment by icecool 2020-07-25 19:48
Posted by icecool > 2020-07-25 19:48 | Report Abuse
higher minimum wage only make the numbers bigger and help politician to get votes.
what we need to do is to increase the amount of loan lend to the productive economy to increase liquidity in the productive economy inorder for employers to pay higher wages. simply increasing the minimum wage without increasing the liquidity in the productive economy will force employers to release employees.
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DickyMe
14,883 posts
Posted by DickyMe > 2020-07-25 16:59 | Report Abuse
If you a poor in a rich nation, it is the government's problem.
Government siding with businesses and protecting them instead of the citizens is the main cause.