Friday, November 25, 2011

minimum wage - at least £2kpa too high

When you consider the announcement that Nick Clegg is due to make today that is the only conclusion a sane person can make.
Nick Clegg, the Deputy Prime Minister, will today announce a £1 billion scheme to pay firms more than £2,000 for each young unemployed person they hire.
The simpler and far more cost effective solution would be to remove the barriers that are preventing people from getting jobs and let the markets do their thing. It's what you'd expect a Tory government to do but unfortunately this Conservative/Lib Dem coagulation are determined to interfere as much as the previous Labour scrotes.

1 comments:

Bucko said...

By subsidising jobs, the government can be seen to be doing something.

By removing minimum wage (as I agree they should do) they will be seen as elitists who want the poor to be poorer to the benefit of the rich.

What are they going to do? It's not thier money after all.