It's called protectionism, and it worked beautifully until clinton ****ed everything up by passing all of reagan and bush's free trade wet dream policies. oh, and maybe counting discouraged workers as part of unemployment statistics so that politicians can get a wake up call about how many people are actually jobless in america (probably a lot closer to 20%)
well in the uk you have a social safety net and healthcare that works far better than the american counterparts, you have a much healthier relationship with an economic powerhouse nation (ireland), and your currency is worth more than 2 1/2 times that of the american dollar. plus you guys don't have quite the level or at least extent of third world style crumbling infrastructure as that of the united states. Therefore even if you don't have an enforced minimum wage like we do (which is statistically calculated based on a 1960's era poverty line, otherwise the minimum wage would be $23.50 per hour), the UK at least has a better standard of living than the US currently does.
Originally posted by ScarletSpeed
it isn't enforced...I know people who are over 18 and get paid £4.45 an hour.
I am 17 and get paid £3.55 ph.
Oh Lord!
We do have enforced minimum wage, of course we do.
And you are paid correctly for your age.
There are three levels of minimum wage -
- £5.52 per hour for workers aged 22 years and older
- £4.60 per hour for workers aged 18-21 inclusive
- £3.40 per hour for all workers under the age of 18, who are no longer of compulsory school age.
You're paid 15p over minimum wage.
Rejoice.
Originally posted by lil bitchiness
Oh Lord!
We do have enforced minimum wage, of course we do.
And you are paid correctly for your age.There are three levels of minimum wage -
- £5.52 per hour for workers aged 22 years and older
- £4.60 per hour for workers aged 18-21 inclusive
- £3.40 per hour for all workers under the age of 18, who are no longer of compulsory school age.You're paid 15p over minimum wage.
Rejoice.
I see awecreep
Originally posted by Bardock42
Holy shit, you are 17?
Yeah mhmm
Originally posted by lil bitchinessI thought it was much higher than that.
Oh Lord!
We do have enforced minimum wage, of course we do.
And you are paid correctly for your age.There are three levels of minimum wage -
- £5.52 per hour for workers aged 22 years and older
- £4.60 per hour for workers aged 18-21 inclusive
- £3.40 per hour for all workers under the age of 18, who are no longer of compulsory school age.You're paid 15p over minimum wage.
Rejoice.
Then again, we are in a recession, or as Darling puts it "The economy is solid".
Haha, okay.