Saturday, January 25, 2020

FOCUSING ON THE IMPORTANT STUFF #24

One of our resident apologists for the CoL, a certain Mr Flake, urged me to focus on the really important stuff in my writings.   Who am I to disappoint soooooo ... given that 2019 was the Gummmit's  self styled 'Year of Delivery' I propose to look at what was promised vs actual delivery.   #24 looks at the minimum wage.

The Pledge ... 'To progressively increase the Minimum Wage to $20 by 2020' ... source, Labour/NZ First Coalition Agreement, page 4.

The Reality ... It's now 2020 and right now the minimum wage is $17.70 rising to  $18.90 on 1 April 2020.    Another empty promise.
 
 

10 comments:

ROFL said...

Hold it weren't you were bitching at the raise to 18.90 because of the 6500. Look back and see the numbers for 20.00.

pdm said...

rofl - your English comprehension is lackng.

The post is about Government promises and failures. What Vet thinks personally about the governments part achievement is irrelevant.

Anonymous said...

Aw if it had gone to 20.00 he would have really got uppity.

Adolf Fiinkensein said...

Anon

If it had gone to $20.00, the number of entry level jobs available for your dumbarse kids would have halved.

Devil Dodger said...

It's now 2020 and right now the minimum wage is $17.70 rising to $18.90 on 1 April 2020. Another empty promise.

Look at a calendar, old-timer. That still leaves a whole nine months to find the other $1.10. Nine more months for you to bitch and moan, because lately that seems to be all you, Adolt and Dodger have left; bitcj=hing and moaning. Fucking geriatrics, the lot of you.

Psycho Milt said...

If it had gone to $20.00, the number of entry level jobs available for your dumbarse kids would have halved.

That's a popular belief but doesn't reflect reality. There will be some point at which an increase would cause job losses (eg it's hard to imagine raising the minimum wage to $1000 per hour wouldn't reduce the number of jobs available), but we don't seem anywhere near that point yet.

pdm said...

Devil Dodger said - `That still leaves a whole nine months to find the other $1.10.'

Not if they get the flick at the election. Although with this lot they will probably pass legislation for the increase from 01/04/2021 as part of the May 2020 budget budget.

Tom Hunter said...

That's a popular belief but doesn't reflect reality. There will be some point at which an increase would cause job losses

That's a somewhat deceptive argument in that the issue with a minimum wage is not so much causing jb losses as simply causing fewer jobs to be created otherwise.

Which makes perfect sense from even a very basic economic aspect; the law of supply and demand. The Left often demand that costs be increased to reduce demand on things they deem a problem: tobacco, sugar, fossil fuels, so it's clear they understand the truth that increased cost reduces demand.

Which is what the minimum wage must also do since its increasing the cost of low-level jobs.

Of course if the intention to vastly reduce or even eliminate such jobs in society, under the assumption that such work should not be done because it's demeaning, degrading and so forth, then fair enough, although I think even that ignores the stepping-stone aspects of such jobs for young people.

But it must have its downsides even with workers stuck in such jobs forever - although why the stepping-stone does not apply to them also is a unanswered question - in that its pressuring people to choose welfare over work.

As for the idea that it somehow puts pressure on higher wage jobs to increase their levels, there's no evidence that works.

Of course National's attitudes towards the minimum wage are very little different from Labour's so it's the usual NZ yin-yang. Some National MP's may understand the problems with a minimum wage but as with most things in NZ they're terrified of trying to make the arguments against because of the whole You Don't Care, You Big Meany feelz that scares the shit out of them, which is why we're left with mincing arguments about it being $19.50 or whatever instead of $20.

pdm said...

Tom - re your last para.

Although National have moved over the years to be very much Labour Lite there are still a few in their caucus who favour tax cuts. Hopefully ACT will get enough MP's for this to be progressed.

The Veteran said...

DD ... the minimum wage increase always takes effect from 1 April so as to allow business time to plan .... now I know you don't care about business but the reality is that the 1 April 2020 increase is locked in and it is what it is and no amount of dissembling by a retard who labels people 'fucking geriatrics' changes that.