Time to scrap the minimum wage

NuLabour did lots of disastrous things in their 13 years in office, but none was worst than the introduction of the minimum age.

It sounded a fine idea in theory but in reality was fatally flawed, because a minimum wage will only work if every other country in the world also has a minimum wage.

Inevitably, when the minimum wage was brought in, many companies decided to shut down their UK operations and move their factories, offices and call centres overseas. Why pay someone £6 an hour to do a manual job in Britain when you can pay someone in India or China to do the same job for a tiny fraction of the cost?

In the forthcoming budget I would like to see Cameron and Clegg scrap the minimum wage and at the same time lower unemployment and child benefits (so no-one would be better off on the dole than working). This would lead to more jobs coming back to the UK from abroad, meaning more people get back into employment and saving the state millions in benefit payments.

Many a true word is spoken in jest...

http://www.dilbert.com/strips/comic/2009-10-07/

Unfortunately it's impossible to live on a bag of rice a day in this country so your argument seems to fall at the first hurdle.

What about a maximum wage restraint instead? They can afford it.

thats contradictory, if they scrapped minimum wage, and lowered JSA and CB some company wages would give a total below that of the JSA and CB ammounts so you would still be better off not working, there are people who can only do certain trades..

and besides, EVERYTHING would need to be lowered, rent costs, fuel costs, housing costs, interest rates, because if we were getting less money we wouldn't be able to pay the current high prices of things, theres still lots of people and families struggling to pay at present, even with minimum wage, and scrapping it (and enabling businesses to lower the wage) would just make this worse, would encourage people to borrow more and would make everything even worse than it already is..

NuLabour did lots of disastrous things in their 13 years in office, but none was worst than the introduction of the minimum age.

 

It sounded a fine idea in theory but in reality was fatally flawed, because a minimum wage will only work if every other country in the world also has a minimum wage.

 

Inevitably, when the minimum wage was brought in, many companies decided to shut down their UK operations and move their factories, offices and call centres overseas. Why pay someone £6 an hour to do a manual job in Britain when you can pay someone in India or China to do the same job for a tiny fraction of the cost?

 

In the forthcoming budget I would like to see Cameron and Clegg scrap the minimum wage and at the same time lower unemployment and child benefits (so no-one would be better off on the dole than working). This would lead to more jobs coming back to the UK from abroad, meaning more people get back into employment and saving the state millions in benefit payments.

A race to the bottom, brilliant.

No, the minimum wage is fit for purpose, let the low paid jobs move overseas, the minimum wage didn't cause unemployment, which means that those jobs were replaced with higher paid ones.

yeah I am sure many would love to earn £3 an hour.

NuLabour did lots of disastrous things in their 13 years in office, but none was worst than the introduction of the minimum age.

 

It sounded a fine idea in theory but in reality was fatally flawed, because a minimum wage will only work if every other country in the world also has a minimum wage.

 

Inevitably, when the minimum wage was brought in, many companies decided to shut down their UK operations and move their factories, offices and call centres overseas. Why pay someone £6 an hour to do a manual job in Britain when you can pay someone in India or China to do the same job for a tiny fraction of the cost?

 

In the forthcoming budget I would like to see Cameron and Clegg scrap the minimum wage and at the same time lower unemployment and child benefits (so no-one would be better off on the dole than working). This would lead to more jobs coming back to the UK from abroad, meaning more people get back into employment and saving the state millions in benefit payments.

The mimimum wage needs to be increased. When people have money in their pockets then they can afford to buy more consumer goods, TVs Cars, Dvds ect. This then gets manufacturing going and help get us out of recession.

If the wealthy get even richer they spend the money on holiday homes in other countries.

thats contradictory, if they scrapped minimum wage, and lowered JSA and CB some company wages would give a total below that of the JSA and CB ammounts so you would still be better off not working, there are people who can only do certain trades..

 

and besides, EVERYTHING would need to be lowered, rent costs, fuel costs, housing costs, interest rates, because if we were getting less money we wouldn't be able to pay the current high prices of things, theres still lots of people and families struggling to pay at present, even with minimum wage, and scrapping it (and enabling businesses to lower the wage) would just make this worse, would encourage people to borrow more and would make everything even worse than it already is..

I don't accept your argument because how many people are genuinely struggling to pay for genuine essentials? Go into any house in a supposedly poor area and you're certain to find the occupant owns luxuries such as a plasma TV, Sky, laptops, ipods, the latest mobile phone and they can always find the money for beer, fags and often drugs as well.

Take away all the luxuries and a single person could live comfortably on, say £160 a week (based on working 40 hours for £4 an hour). Unfortunately the £4 an hour job he needs is based in Mumbai and will stay there unless companies are free to offer the market rate for their workers in the UK.

Nice try

http://www.theoutsourcingcompany.com/blog/wp-content/uploads/2009/08/link-bait-med.jpg

A race to the bottom, brilliant.

 

No, the minimum wage is fit for purpose, let the low paid jobs move overseas, the minimum wage didn't cause unemployment, which means that those jobs were replaced with higher paid ones.

Explain why just about every major company that owns call centres has moved theirs abroad since NuLabour came to power then?

A race to the bottom, brilliant.

 

No, the minimum wage is fit for purpose, let the low paid jobs move overseas, the minimum wage didn't cause unemployment, which means that those jobs were replaced with higher paid ones.

As unemployment is on the rise I don't quite see your logic.....surely it means that the low paid jobs haven't been replaced by anything..?

...Take away all the luxuries and a single person could live comfortably on, say £160 a week (based on working 40 hours for £4 an hour)...

Before or after tax?