30 Mar '11, 4am

TOC interviews SDP's Dr Vincent Wijeysingha #sgelections

TOC interviews SDP's Dr Vincent Wijeysingha #sgelections

The minimum wage does work. 90 percent of countries have a form of minimum wage. China has a minimum wage. England brought in the minimum wage in 2000, 1999 and I was there at that time they were talking about minimum wage. They brought in a commission to study the idea and the same arguments that are being made now were made then in England. It’s going to lose jobs, the economy is going to collapse, small and medium industries are going to suffer the most from that. Nothing of that happened. In fact the rate of job creation has remained the same, if not risen higher because of the minimum wage. So I think the minimum wage – all the arguments against the minimum wage has no validity. In fact based on the countries that already have it, the arguments are purely being made by the people who have a kind of emotional objection to the poor being paid more. Because we’ve got no ...

Full article: http://theonlinecitizen.com/2011/03/i%e2%80%99ve-never-le...

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