Not to worry, those economists have a new career waiting for them - political pollsters.
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Josh, The " under funding" claim is total B S as we all know, as an example,when Helen was kicked out that govt spent 9 billion on health, so to recoup , since 1840 to 2009 the health budget was $9,000,000,000, when the the National govt was betrayed by W P the health spent was $18,000,000,000 a doubling in 9 years, where is the " underfunding" again ?
There are many more examples of them spending on items that needed spending on and lots of items of not spending on items that did not need more money thrown at !
Never forget , " the left is a lie, " the population of the U K have just shown that and still the Labour Party does not except what has happened !
More delivery from our Govt;)
Minimum wage rise confirmed
"Lees-Galloway said it reconfirmed the rates signalled in 2018 and the Government's plan for a $20 minimum wage in 2021."We're implementing a balanced approach to the minimum wage increases and have provided certainty to businesses who told us they wanted to know how much the minimum wage will increase and when the changes were going to happen," says Iain Lees-Galloway.
"Last year, we signalled minimum wages of $18.90 for 2020 and $20 in 2021. By re-confirming these rates we offer certainty the businesses need for planning and forecasting."
These lifting of the minimum wage will not help those on minimum wage one iota. Prices will rise accordingly as will rents and they will be just as badly off as before. Except businesses that employ them may feel the pinch initially and just look to automation or not hire new staff. Talk about shooting your constituents when they are down.
Not quite right - this government takes with both hands and returns so little. Increased minimum wage means not a cost to or benefit of the government, it just means that the cost of labour is going up big time for companies.
Labour promised to take (steal) more money from companies - and sure, one of the promises they kept. Not very hard though, is it - and certainly nothing to be proud of.
What it means for the government is that they pay themselves a higher tax income to feed all their bureaucracy and useless debating clubs through increased income taxes (ultimately paid by the companies as well) and that they reduce their benefits bill courtesy to the companies taking over the cost.
Nice for Labour as long as companies are able to afford the additional cost ... however:
New Zealand is already now (after Australia and Luxembourg) the country with the third highest minimum wage world wide. Labour's changes will make our companies still more in-competitive. Lets kill the cow we all are milking - shall we? Typical Labour.
https://ceoworld.biz/2019/01/03/coun...he-world-2019/