Comments on: Government botches chance to jumpstart the economy – First Union https://thedailyblog.co.nz/government-botches-chance-to-jumpstart-the-economy/ Read the Other Side of the Story Tue, 07 Apr 2026 03:23:18 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: awanderer https://thedailyblog.co.nz/government-botches-chance-to-jumpstart-the-economy/#comment-10494 Wed, 02 Mar 2016 04:55:28 +0000 http://thedailyblog.co.nz/?p=68868#comment-10494 In reply to CLEANGREEN.

We’ve already got the highest minimum wage in the OECD. To suggest we go even higher requires the unions to consider the impact on overall employment. This problem is only going to get worse as increased levels of automation make the unemployment cost of a higher minimum wage even higher.

If we want to top up incomes at the low end, we could consider introduction of a working tax credit or reduce the bottom rate of taxation.

]]> By: CLEANGREEN https://thedailyblog.co.nz/government-botches-chance-to-jumpstart-the-economy/#comment-10493 Mon, 29 Feb 2016 20:04:05 +0000 http://thedailyblog.co.nz/?p=68868#comment-10493 Yes the 1% wants the main slice of the pie and we got the crumbs.

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