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Scrap the minimum wage

Comment 6th July 2010

Bringing in the minimum wage has had the expected effect of reducing the standard of living for the poorest economic groups.

Why does this matter?

Setting a minimum, as in new house build room sizes, everybody will go to the minimum only that is required by law.The law should be replaced by a "living wage" legislation, where an hourly rate can be challenged via a tribunal.Good employers will always pay more for good staff. The living wage needs to be 15k pa. according to the Rowntree Foundation.

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