Sunday, 16 February 2014

Preparing for the debate

Here is the article about minimum wage:

http://www.economist.com/blogs/economist-explains/2014/01/economist-explains-11?zid=309&ah=80dcf288b8561b012f603b9fd9577f0e
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5 comments:

  1. Anonymous20 February 2014 at 14:58

    The main argument against the increase in minimum wage is that it causes higher levels of unemployment. What is our counterargument?

    ReplyDelete
  2. Denis Kariuki20 February 2014 at 16:51

    The liveable wage argument. We want people to have a liveable wage given the high inflation (prices of food is higher). We wish people to have inflation adjusted wages.

    ReplyDelete
  3. Anonymous5 March 2014 at 18:45

    How do we know whether they are liveable or not? Poor people can speak for themselves, but how do we know whether they are lying or speaking the truth? I think the only way to actually figure that out is to be poor ourselves.

    ReplyDelete
  4. Anonymous5 March 2014 at 18:46

    Also, what if economic progress is the only solution to getting out of poverty?

    ReplyDelete
  5. Anonymous5 March 2014 at 18:49

    Also, how do you explain the fact that illegal immigrants live on a wage lower than minimum wage?

    ReplyDelete

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