That’s one way to say “Germany plans to raise minimum wage”
[deleted]
Germany is a cruel place to live if you working with low skilled labor, sad really.
In case you didn’t know we have a committee to decide whether or not to raise the minimum wage the SPD however chooses to ignore it and raises it anyways
I hate my country… United States slowly becoming 3rd world
[deleted]
Nice to see. Money given to low income earns always just goes back into the economy VS hoarding it.
Bad idea. High minimum wage leads to two bad outcomes – increased inflation and increased unemployment. It is literally a price control, namely controlling price of labour, which will lead to market distortions and inefficiencies. It will make harder for young people to get their first job, for new immigrants to start working, for women to re-enter the workforce after staying at home for family reasons etc. Germany did very well without any minimum wage for a long time, same with Scandinavian countries.
8 comments
That’s one way to say “Germany plans to raise minimum wage”
[deleted]
Germany is a cruel place to live if you working with low skilled labor, sad really.
In case you didn’t know we have a committee to decide whether or not to raise the minimum wage the SPD however chooses to ignore it and raises it anyways
I hate my country… United States slowly becoming 3rd world
[deleted]
Nice to see. Money given to low income earns always just goes back into the economy VS hoarding it.
Bad idea. High minimum wage leads to two bad outcomes – increased inflation and increased unemployment. It is literally a price control, namely controlling price of labour, which will lead to market distortions and inefficiencies. It will make harder for young people to get their first job, for new immigrants to start working, for women to re-enter the workforce after staying at home for family reasons etc. Germany did very well without any minimum wage for a long time, same with Scandinavian countries.