Quote:
Originally Posted by Merry Kizzmas
But if the hourly rate of pay has fallen therefore more people have less disposable income to spend on goods and services, so to me it's a lose lose situation..
Workers have less dosh
They spend less dosh
They contribute less dosh...
Who benefits from this senario?
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the hourly rate will rise if consumer spedning rises (as a result of tax breaks for the poorest) they spend more, shops take more revenue and profits and that goes towards increased wages. many businesses paya basic plus a commission...again a factor ignored by the militant left when preaching about minimum wages. the commission incentivizes workers to sell more and do a better job. thenthey get the rightful rewards. this in turn increases their chances of full time posts and promotions. Be honest , work harder and better and ultimately you will get your just rewards. And youll sleep better at night.
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