Astute
Well-Known Member
2, Companies going under because they can't afford a 33% pay increase.
2, Companies going under because they can't afford a 33% pay increase.So in summary
1. We should have tried harder to keep Ireland in the union against its will and didn’t use enough military force
2. Business profits matter more than workers having enough to live
3. You have no interest in the PM wanting to spend £15 billion on a pointless bridge even though you regularly accuse the opposition of throwing money away
4. Tony’s mates comprise the whole UK adult population
Give up old man Joe Biden makes more sense
Are you saying that a pay rise to £10 an hour minimum wouldn't be a problem for any companies?How many companies employment is 100% on minimum wage?
So far you have ignored me saying about it sending inflation flying. Wages shoot up = higher prices. Higher prices = higher inflation. Have you got a mortgage? Do you like your cheap mortgage. Because mortgage rates would multiply. And all for a £2.50 an hour pay rise.
Inflation has been kept low for years for a reason. But you champion changing it. A typical blind old Labour plan. Are you too young to remember what happened last time Labour was in power and it happened?
Highest ever maybe. But it is $7.25 or £5.80The USA currently has its highest ever minimum wage and a government report has concluded it has had no negative impact on the economy.
It also estimated that the tipping point for the minimum wage negatively impacting the economy would be when it reached 60% of the average wage.
Appreciate what happens in the States doesn't necessarily translate to what happens here but it's a decent indicator.
No
1. The act of partial independence caused significant issues for decades to come. Oddly your Sinn Fein hugging buddies would I’m sure welcome the unification opportunity - especially the shadow chancellor who opposed the GFA
2. It’s emotive drivel. Most Eu countries agree the wage we have is a reasonable balance. It’s a sound bite that will cause misery for many of those it’s supposed to benefit. The last labour government has ruined many working class people’s long term prosperity by raidng the pension pots to reward the indolent in it’s bloating if the welfare state
3. This is a random comment - I don’t get the fixation on it. I suppose at least the indolent May get a job working on it but as I don’t see the point of it i don’t understand the discussion. The real IRA would probably blow it up which would give the gruesome Sinn Fein twosome a giggle so I’d pass
4. Tony’s made a comment to try and be smart. Tony is a fool who spent more time defending UKiP against a racist accusation than ever commenting on football. He tries to sound smart but lacks any style or substance and changes sides to attempt some form of populism.
Ultimately it’s you who sounds utterly ridiculous and is developing a very large chip on your shoulder
The private schooling hasn’t suited you. It’s given you a sense of privilege and entitlement which you do not understand has to be earned
Highest ever maybe. But it is $7.25 or £5.80
2, Companies going under because they can't afford a 33% pay increase.
But it was just used as maybe being a good reason to have record high minimum wage. It is nowhere near a living wage.The US minimum wage has lagged behind inflation and worker productivity for decades
Easy to say. But how many companies can afford to spend 33% more on pay? Then there is the associated expenses.
Yes £7.50 to £10 is a 33% pay rise.
Highest ever maybe. But it is $7.25 or £5.80
How about showing where raising the minimum wage by 33% won't cause harm.Empirical evidence to the contrary
So far you have ignored me saying about it sending inflation flying. Wages shoot up = higher prices. Higher prices = higher inflation. Have you got a mortgage? Do you like your cheap mortgage. Because mortgage rates would multiply. And all for a £2.50 an hour pay rise.
Inflation has been kept low for years for a reason. But you champion changing it. A typical blind old Labour plan. Are you too young to remember what happened last time Labour was in power and it happened?
1. The act of partial independence caused significant issues for decades to come. Oddly your Sinn Fein hugging buddies would I’m sure welcome the unification opportunity - especially the shadow chancellor who opposed the GFA
Have just looked.it alters by State, up to 13 dollars, (only one state), but a lot at around the 11 mark.
I think the 60 percent of the average wage is the interesting bit. Think that would equate to around just under £9 per hour in the UK so we're not a million miles away.
Don't you understand what causes inflation?And you've ignored me saying the inflation would be down to greed by the rich and the companies by exploiting the increase in wages and refusing to accept a hit to their quite substantial profit margins in the case of large corporations.
The USA currently has its highest ever minimum wage and a government report has concluded it has had no negative impact on the economy.
It also estimated that the tipping point for the minimum wage negatively impacting the economy would be when it reached 60% of the average wage.
Appreciate what happens in the States doesn't necessarily translate to what happens here but it's a decent indicator.
Depends what the real numbers are. IF more than 50% wanted to stay in the EU why would scrapping Brexit be a vote loser? They didn't have many votes before Brexit either.Geez, are the Lib Dems deliberately trying not to get into office?
Scrap Brexit is a total vote loser. You can't a just scrap it. That WOULD be a betrayal of democracy. You either get a deal, or take
it back to the people.
Shooting themselves in the foot if they go for that one surely.
I mean a vote loser in terms of them not getting into power on the back of that policy.Depends what the real numbers are. IF more than 50% wanted to stay in the EU why would scrapping Brexit be a vote loser? They didn't have many votes before Brexit either.
And many see not carrying out Brexit being a betrayal of democracy. So it depends on how you see the situation.
Have just looked.
The national minimum wage is €7.25 and about 1/3 of the states have it set to this.
Only 12 states pay $10 or more.
Only 6 states pay $11 or more.
Only the state of Colombia is over $11.10. It is $13.25. That is £10.59. So the next highest is $11.10 and that is £8.88
But it was just used as maybe being a good reason to have record high minimum wage. It is nowhere near a living wage.
Are you saying that a pay rise to £10 an hour minimum wouldn't be a problem for any companies?
It’s you that’s struggling Tony - you seem to think £10 is not more than twice £4.35
2, Companies going under because they can't afford a 33% pay increase.
How many skilled workers would want more than unskilled workers?
My take on NMW is a moral rather than purely economic one. I feel any able bodied person working 40 hours a week in any job should be able to survive without government handouts.
The economics are mixed, this is a nice overview of the states: NPR Choice page
I think ultimately, giving money to poor people always leads to more economic benefits than giving it to rich people. You can only consume so much, while there’s still need at the bottom, there’s economic activity that can produce wealth for others at a greater rate than investments or savings.
My take on NMW is a moral rather than purely economic one. I feel any able bodied person working 40 hours a week in any job should be able to survive without government handouts.
Which is £5.80 so don't understand why you champion it so much.29 States pay over the 7.25 minimum.
It is the only chance they have of winning a GE.I mean a vote loser in terms of them not getting into power on the back of that policy.
No. Putting a bit of reality to what you make out to be an easy thing to do.Yes and now the American government is also forced to cover low wages by welfare assistance. You're sat there arguing for people to earn less
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