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Thread: O/T - general election 2019

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  1. #11
    Join Date
    Oct 2009
    Posts
    7,820
    Quote Originally Posted by ragingpup View Post
    What evidence do you have that the minimum wage had any significant negative effect on the economy? I've looked into this and, despite all the "Kerrists" of the day predicting job losses and price hikes, all I've found is that it made minimal if any difference. Happy to look at any evidence to the contrary?
    I have no proof, Raging. That's why I ended my post with 'Coincidence? Maybe'. What is your explantion for the rise in ZHCs and the gig economy (at a time when the EU was guaranteeing worker’s rights)? As you pointed out a few weeks ago (on the 'Democracy' thread?), many companies are operating on tight margins. Don't you think it inevitable that some will have responded and will respond to the increased costs pressures created by the Minimum Wage? That's not a reason for arguing against it, but it's a good idea to be mindful of reality.
    Last edited by KerrAvon; 31-10-2019 at 09:23 PM.

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