Minimum wage

[KeithD]

Minimum wage is a myth.

Put the wages up, the company puts the prices up, consumer pays more out their own wages so they get less value. They then usually have to pay more taxes, more money for Mr Brown.

[keithAngel]

Thanks for making that easy to understand

The thing that bugs me is that if you are a "minimum" wage earner you have no chance to live simply without further subsidy tax credit,council tax rent ect even when I was in my 20s I could pay my rent and still live ok on £18 a week now on £200 plus no chance rent can easily be £5-600 or even £1000 in London there is no feeling of being in control of ones life at this level

Doesn't affect me now of course but its must be tough for those it does