numonex on 16 March 2011
Lower wages = lower unemployment rates. Lower house prices and lower wages. Cut the pay of all workers now. Deflation of prices and wages is good for all. Small pain for long term gain.
Employer sets wages and conditions and worker just has to sign the contract or there is the door. No more Unions and no more minimum wages and barriers to employment.
Wages must be able to compete on the highly competitive free market in direct competition with Asian and African developing nations.
Everyone will be better off if minimum wage laws were removed.
Thoughts/suggestions on this idea?
