The thing is there are nowhere near enough jobs even at minimum wage to employ everyone, and with a lot of those kind of jobs they're available because of churn. Cutting minimum wage wouldn't necessarily help either as people paid less means people spending less, means fewer jobs again (I'm pretty sure there's some model for finding out what the balance between this and the positive effects of being able to employ more people, can't remember what it is).|
Fundamentally, you can't solve the problems of benefits by a race to the bottom. Which is why this stuff is all just political posturing and a sham, albeit one that's going to affect a lot of people.
#9281488, By MightyMouse The UK General Politics Thread
MightyMouse 1,150 posts
Seen 2 hours ago
Registered 9 years ago