Facts refute critics of minimum wage increases – make the minimum wage a living wage
Many Employers and their paid servants in the so-called economics “profession” are already screaming about the proposed minimum wage hike in New Zealand to $20 an hour by April 2021.
Most of their objections amount to the repetition of dogma which they want us to believe is some sort of science. Usually, very few facts are ever advanced to support their views.
I want to look at what actually happened in New Zealand when we had a similar percentage minimum wage rise over a similar period, from 2004 to 2008.