Serious The minimum wage argument.

Devil Within

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Found this very informative and well reasoned argument on minimum wage. Those who say minimum wage is to help the poor are actually doing the opposite.

Should We Raise the Minimum Wage? | Poverty & Unemployment
[video=youtube;1IiJBGvLZnw]https://www.youtube.com/watch?v=1IiJBGvLZnw[/video]
 
If you get rid of all the FTs, the minumum wage will go up by default. employers will have to pay more to hire true blue sinkies, which is the way it should be.
 
Devil within, the video is talking about the pros and cons of RAISING minimum wage.

It's not pros and cons for HAVING a minimum wage.

Different hor. When you have no minimum wage, you have foreign domestic maids working 24h a day 7 days a week for $700 a month. And other workers who practically work for free after deducting rental and food costs.

Minimum wage is necessary to prevent modern slavery. Which is prevalent in Singapore. You don't see it, because you are so used to it.
 
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