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ManusJustus on 17 March 2011
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Kasz216 said:
scottie said:

As an addependum to the whole 'getting your facts right when trolling' thing, your entire premise is incorrect.

 

There is no correlation between lack of a fair minimum wage and employment rate.

                                                                                  Unemployment rate (%)

 Zimbabwe 95.0 2009 (June)[130]
 Nauru 90.0 2004[3]
 Liberia 85.0;[77] 88% among young Liberians[78] 2009 (July)
 Vanuatu 78.21 1999[124]
 Turkmenistan 70.0 2008 (November)[117]
 Cocos (Keeling) Islands (Australia) 60.0 2000[3]
 Mozambique 60.0 2009
 Tajikistan 60.0 2008 (August)[112]
 Djibouti 59.0 2007[3]
 Namibia 51.2 2008[3

 

Zimbabwe has no minimum wage

Naura has no minimum wage

Liberia (minimum wage 20 US cents/hour)

I could go on, but there is no point, you and I both know that your argument is bogus.

 

Fact is, minimum wage and unemployment benefits give people disposable income, which they spend on products and services. In order to sell these products and provide these services, more people need to be employed, reducing unemployment. Unions and minimum wage are required to reduce unemployment.

Let's raise Zimbabwe's minimum wage to 15.50 USD.

Lets see how much better employment gets...

This is the silliest use of statistics i've seen in a while, i can only hope your not being serious.

Its a lot easier to call someone's argument silly than to expose how ridiculous and limited your own understanding is.