Anna B Posted January 20, 2021 Author Share Posted January 20, 2021 2 hours ago, El Cid said: Well the Cameron Government promised a much higher minimum wage, they almost delivered it, so I guess you are almost happy. The problem with any UK Government trying to please the masses with capitalism or socialism, is that we live in a international world, where some will think working for £2 per hour is good pay. If you try to pay UK workers £20 per hour, they wont have a job, £10 per hour might just be ok. You didn't watch the video then. He explains why doubling the minimum wage would work. Evidence of that is that It's already been tried, and has already worked. Link to comment Share on other sites More sharing options...
El Cid Posted January 20, 2021 Share Posted January 20, 2021 6 hours ago, Anna B said: You didn't watch the video then. He explains why doubling the minimum wage would work. Evidence of that is that It's already been tried, and has already worked. I watched some of it. Do you think the steep increase of the minimum wage of to now has helped? Link to comment Share on other sites More sharing options...
Anna B Posted January 20, 2021 Author Share Posted January 20, 2021 (edited) 9 hours ago, El Cid said: I watched some of it. Do you think the steep increase of the minimum wage of to now has helped? First of all I think you need to watch all of it to get the full picture. Re; minimum wage, it's all relative. Any increase must help, but currently the minimum wage works out at about £16,000 before tax for full time 52 weeks a year, assuming holiday pay is given etc. Still far below the average wage of about £27,000. That doesn't take into account that many minimum wage jobs are insecure 0 hour jobs, and contract, gig economy work which doesn't pay for lunch, tea breaks etc or guarantee full time employment. There will still be many people on minimum wage that don't get that. And the cost of living in the UK is very expensive. Many of the working poor still require government benefits and food banks to make ends meet, which surely can't be right. Edited January 20, 2021 by Anna B Link to comment Share on other sites More sharing options...
El Cid Posted January 20, 2021 Share Posted January 20, 2021 32 minutes ago, Anna B said: There will still be many people on minimum wage that don't get that. Perhaps if the minimum wage is seldom enforced, the likelyhood of it being doubled is zero. It has been said that our high minimum wage relative to other countries has attracted foreign labour here. If we increased the NMW by 50% and other countries did nothing, that effect would be made worse. People would be swimming the seas to get here. Link to comment Share on other sites More sharing options...
Anna B Posted January 20, 2021 Author Share Posted January 20, 2021 18 minutes ago, El Cid said: Perhaps if the minimum wage is seldom enforced, the likelyhood of it being doubled is zero. It has been said that our high minimum wage relative to other countries has attracted foreign labour here. If we increased the NMW by 50% and other countries did nothing, that effect would be made worse. People would be swimming the seas to get here. You raise an interesting point, but surely in the first instance, that's up to other government agencies to prevent. However one of the good things about globalization is that it could be used to raise things like finances to more eqitable levels everywhere and generally mprove things for people. That would increase markets so everyone including businesses would benefit. It won't happen of course, it will go into the pockets of the already wealthy. Link to comment Share on other sites More sharing options...
carosio Posted January 20, 2021 Share Posted January 20, 2021 How much do you think the minimum (or living) hourly rate should be? Link to comment Share on other sites More sharing options...
Anna B Posted January 20, 2021 Author Share Posted January 20, 2021 59 minutes ago, carosio said: How much do you think the minimum (or living) hourly rate should be? Enough to live on, pay bills, and buy essentials (including insurance which will be necessary with everything being privatised,) and save a bit for pensions, rainy days and a bit of security etc. What that is these days, I don't know, but I'm sure it's more than the minimum and the living wage. Link to comment Share on other sites More sharing options...
ECCOnoob Posted January 20, 2021 Share Posted January 20, 2021 (edited) 25 minutes ago, Anna B said: Enough to live on, pay bills, and buy essentials (including insurance which will be necessary with everything being privatised,) and save a bit for pensions, rainy days and a bit of security etc. What that is these days, I don't know, but I'm sure it's more than the minimum and the living wage. That is meaningless. Everyone seems to be an expert on this subject. There is all the chanting and protest and articles and studies and statistics and self righteous opinions who all demand "...it's not enough...." "...Its poverty...." "...It's a disgrace..." "...its slave wage..." This is despite the fact that NMW hourly rate for the majority of working adults has increased over the past decade by over 40%. The most recent increase this year alone was over 6% So. How much then? What levels do those demanding actually and realistically expect? At what point do such demands cross the line into risks of pricing themselves out of the market? Edited January 20, 2021 by ECCOnoob Link to comment Share on other sites More sharing options...
carosio Posted January 20, 2021 Share Posted January 20, 2021 Anna appears reticent to suggest a figure, bearing in mind that it ought to be a fundamental part of her admirable crusade for higher pay and a fairer society. How about £12/hr, or is that too low? Link to comment Share on other sites More sharing options...
tinfoilhat Posted January 20, 2021 Share Posted January 20, 2021 1 minute ago, carosio said: Anna appears reticent to suggest a figure, bearing in mind that it ought to be a fundamental part of her admirable crusade for higher pay and a fairer society. How about £12/hr, or is that too low? If you're thinking of finally wiping out the high Street, I'd say that's about right. Link to comment Share on other sites More sharing options...
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