From: David Lucifer (david@lucifer.com)
Date: Sun Oct 26 2003 - 14:22:06 MST
[Kharin] Hmm. On the whole I think the scenario concerning wage increases being cancelled out by rising inflation is more likely. The UK introduced its minimum wage quite recently and predictions of the above kind seem to have greatly exaggerated, with only some sectors of the economy exhibiting that form of problem to any particularly significant degree.
[Lucifer] That isn't surprising considering the minimum wage only removes employment opportunites from the non-skilled and the poorest of the poor.
---- This message was posted by David Lucifer to the Virus 2003 board on Church of Virus BBS. <http://virus.lucifer.com/bbs/index.php?board=54;action=display;threadid=29592> --- To unsubscribe from the Virus list go to <http://www.lucifer.com/cgi-bin/virus-l>
This archive was generated by hypermail 2.1.5 : Sun Oct 26 2003 - 14:22:35 MST