Minimum wage in Australia increased to $15.96 p/h | |
Anonymous Coward User ID: 7325493 United States 06/02/2012 08:42 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 938273 Canada 06/02/2012 09:05 AM Report Abusive Post Report Copyright Violation | That is more than double US minimum wage. Minimum wage here is nowhere near enough to live off of. Quoting: Anonymous Coward 5739241 America was called the Great Experiment and now that Experiment is being scrapped and shelved. Why? Because TPTB realized that if it could work in one country, then why not make it work in all countries? That is the ultimate plan of the NWO. |
Anonymous Coward User ID: 6391714 Canada 06/02/2012 09:16 AM Report Abusive Post Report Copyright Violation | |
Psych User ID: 903456 Netherlands 06/02/2012 09:41 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward 06/02/2012 09:48 AM Report Abusive Post Report Copyright Violation | You do realize that increases in the minimum wage cause the unemployment rate to increase right? Quoting: Wonkish That is not true. That is an excuse used by corporate controlled governments to maximize profits. Minimum wage rates are nothing more than a price floor. Assuming that the quantity of labor supplied remains constant, the quantity of labor demanded at the equilibrium price level, which has been artificially increased due to the implementation of the price floor, decreases both in the short and long run. |