| scottie said: Lol
http://en.wikipedia.org/wiki/List_of_minimum_wages_by_country
In the country that you have spent your last few days shitting on, the minimum wage varies between $0.39 US and $0.97 an hour. US is $7.25 an hour. So the minimum wage is 7.5-18.6 times that in the Godless Red China. However, cost of living is 4.6 times as muchhttp://www.worldsalaries.org/cost-of-living.shtml. So in real terms, the US minimum wage is 1.6 - 4 times that in China. We in Australia enjoy minimum wages of Australian $14.31/hour. We have cost of living ~ to yours (1.061 times) and our currency is worth 0.95 times yours.This all adds up to Australians enjoy a minimum wage of 1.8 times that you get.
So whenever you think to yourself about how much better the USA is than those Deadly Violent Chinese Communists, always remember. Australia is better than you by about the same margin |
Living costs rise when the minimum wage rises. If living costs were kept low by keeping minimum wages low. Inflation could be kept at low levels and workers could be better off. When wages are lower, the costs of living are lower and there are more jobs available.
Union power are stronger in Europe/Australian than they are in the USA. Union power is weak and limited in USA and minimum wages are low in the US. Banning Unions will lower minimum wages. Asia has no Unions, they are banned.
US population compared to Australia is around 15:1. 300 million in the USA compared to 20 million in Australia.
