Re: Tories against NMW

On 11 May 2006 05:28:24 -0700, "Mark, Devon" <coopermg@xxxxxxxxxxxxxx>

typed:
Typical Tory against the NMW, this time a celebrity chef (and not even
a good one):-

http://news.bbc.co.uk/1/hi/uk_politics/4761693.stm

About time Cameron and his ilk of out-of-date losers started saying
something useful. Remember Cameron's position against the NMW? How it
would create millions unemployed etc. Well, shows how much ability and
foresight he has!

you are an economic illiterate....

http://www.publications.parliament.uk/pa/cm199697/cmhansrd/vo970306/debtext/70306-18.htm
Waldegrave: Will the right hon. Gentleman remind us who said that any fool
knows that if we have a minimum wage there will be a shake-out of jobs?
.......
prescoaf
"Let me tell the Deputy Prime Minister about the minimum wage and the
effect on jobs. Since I made the statement to which he referred earlier, a
great deal of work has taken place in America and here which shows that my
fears about higher unemployment are not true. If hon. Members want to see
that research, I will send it to them."


it depends entirely on the level at which a minimum wage is set....
obviously if it is set at 1p and hour there will be few jobs lost
outside hakky and creepy

if it's set at £1million per hour even the world computer expert is
likely to be unemployed

--
web site at www.abelard.org - news comment service, logic, economics
energy, education, politics, etc 1,552,396 document calls in year past
--------------------------------------------------------------------------------
all that is necessary for [] walk quietly and carry
the triumph of evil is that [] a big stick.
good people do nothing [] trust actions not words
only when it's funny -- roger rabbit
--------------------------------------------------------------------------------
.

Relevant Pages

  • Re: Wal-Mart terrified of union - mobilizes against Democrats: report
    ... and that's just arithmetic, no credible research required. ... To allow our access to all jobs, ... minimum wage needs to be set to where citizens are happy to get the ... If that were so, why is unemployment rising? ...
    (soc.retirement)
  • Re: Wal-Mart terrified of union - mobilizes against Democrats: report
    ... and that's just arithmetic, no credible research required. ... To allow our access to all jobs, ... minimum wage needs to be set to where citizens are happy to get the ... If that were so, why is unemployment rising? ...
    (soc.retirement)
  • Re: A question of morals
    ... It is 30% of the national minimum wage and it is the strongest possible inducement to crime I can think of. ... And even if they were employable there are no jobs. ... Also, the lower the level of unemployment benefit the higher the levels of acquisitive crime and drug dealing, for any given level of unemployment. ...
    (uk.legal)
  • Re: A question of morals
    ... It is 30% of the national minimum wage and it is the ... strongest possible inducement to crime I can think of. ... were employable there are no jobs (apart from drug dealer and petty ... the lower the level of unemployment benefit the higher ...
    (uk.legal)
  • Re: Unemployment Rate Declines in January
    ... unemployment figures are derived from the Current Population Survey ... The loss of manufacturing jobs ... Unemployment is a West European epidemic - or luxury. ... idea of doing so for no extra money. ...
    (soc.retirement)