Do the Greens actually have a clue? Policy announcements

[Imdunfer]

How many jobs do these idiots want to lose? Do they even know that Whitbread laid off 3,800 hospitality workers this week?

https://www.bbc.co.uk/news/articles/cdjp338ydlgo

Oh right. Exploit young people then.

UK minimum wage is one of the highest, google it.

From a conservative perspective it's better that employers pay workers what they need to live than to leave it to the government.

They don't like to admit it but a lot of companies could probably well afford to pay their worst-paid workers a bit more if they only paid their highest-paid workers a bit less.

The minimum wage increases made by labour has left the heaviest toll on the under 25s. Half of the the job losses have landed on their shoulders alone. Even higher minimum wages won't help.

Young bearing the brunt of UK tax and wage changes, says BoE economist | Youth unemployment | The Guardian https://share.google/IldZu79slgrmbVGsu

Good.

Don't moan when people get government top ups because their wages are so shit then.

You can't have it all ways.

Would you rather have high minimum wages and higher youth unemployment? And higher living costs because of the inflationary effect of higher minimum wages? And higher taxes to pay for higher unemployment?

Does this sound good to you?

Would you rather businesses paid decent wages or the government topped up those wages?

Clearly, the latter..With some sensible limits. Because we are hobbling our businesses and the fitness of a generation that is increasingly workless and anxious.

Very bad idea. So few jobs for young people

Businesses which pay min wage are mostly retail, hospitality, cleaning and care.
None of them have large profit margins, and retail and hospitality, which are the largest NMW employers, are very price elastic.

No need to repeat obvious - NMW increases will hit these areas badly and unemployment will rise. We've seen it with recent NMW.

Big profit businesses are tech and professional services and they have nearly no NMW.

As PP said above, the issue is not low wage, the issue is housing costs. If you can rent a reasonable place to live for 3-500 per month, NMW is not a problem.
The only solution here is state housebuilding, but this is unlikely to ever happen

Keep repeating the propaganda, I'm sure you will trick someone with a low enough IQ eventually.

They can't earn a higher minimum wage if they don't have a job.

This is true.

I'm a pensioner, the triple lock has to go, it isn't fair.

If you a demand a high min wage there will surely be fewer min wage jobs

They don't admit it because the amount of extra they could pay those at the bottom would be tiny.

The ratio of really high paid staff to lower paid staff means that by the time you've shared it out, the increase would be very small.

And then you've lost your ability to recruit the best International talent to your top jobs.

Having said that I would like to see an earnings multiplier rule, that the top person can't earn more than, say, 20 times what the bottom one does, but I think it's unworkable.

The Swiss held a referendum on a 12x multiplier a few years back and it was rejected by 65% of voters.

Our economy has been shafted by thirty years of government interventions that haven’t worked. It needs more than just tinkering with.

The Greens don’t have the intellect to deal with it. Polanski doesn’t even know the difference between the debt and the deficit.

Raising the minimum wage without understanding the unintended consequences which is what you are advocating will lead to more economic problems.

Something that always puzzles me in minimum wage arguments. Why do people insist that every job should pay a living wage?

What is wrong with young people living with their parents having a job that pays less than what's needed to move out and live independently? What's wrong with a household with one bigger earner topping up for the family luxuries with a job that doesn't pay enough to live on independently?

What we had was a system of maximum flexibility, where employers were incentivised to create minimum wage jobs because of the low cost (salary + NI + pension) and those who needed more to actually live on were topped up by the state.

What we are moving to is a much higher cost base for employers, which is only going to work out well if we have full employment.

(Please note this theoretical point is completely separate from the current cost of living crisis issues where people with 2 good wages are struggling to keep a household together).

No one is denying that minimal wage job are necessary.

The issue is that in order for people to have those job there need to be businesses providing them.

No hospitality businesses means no jobs, so what good is the minimum wage then?

It’s ridiculous that so many businesses are essentially subsidised by universal credit. I think what the greens are trying to do is reduce that dependence and get businesses paying the full cost of their workers.

The practical problem with this is that there are many zombie businesses. A lot of the hospitality sector for example. They can’t afford the rises.

Then increase the pay of HCP's and Teachers... stop ripping them off with v high loan repayments (which the wealthy avoid) we ve had years of very high inflation, wages have not kept pace at all.

Whitbread made almost 1/2 billion in profit last year.

Tesco made over 3 billion, yet pay so many of their staff low wages, who then claim UC.... meanwhile share dividends UP 15%.

Its the transfer of wealth from the less well off to the rich that is wrecking this country, not paying people a living wage.

Yes NMW can have negative affects on smaller businesses but that could be mitigated with changes in the tax system to compensate.

But as always, the 'right always blame the less well off for the UKs problems.

Yet another thread attempting to undermine another political party.

We see you.

If you just wanted to undermine the Greens you'd lead with the rampant anti-semitism, surely?

yawn