so just fossil fuels. does that mean the minimum wage should stay at it's inflated rate?
cost of living needs to be addressed and made lower before the minimum wage goes down. everyone is entitled to a place to live, food on the table and heat/electric.
tell me something that has gone up in price the last two years? i'm genuinely interested.
IIRC, Eurostat reckons, Ireland has experienced 3% deflation between September 08 and september 09, with a further 1.2% deflation between september 09 and september 10.the only essential falling is food. on minimum wage luxuries are a few and far between treat.
i don't think people on the minimum wage pay mortgages
In the real world, many who were paying their mortgages and lost their jobs are now facing jobs that only pay the minimum wage.
As for the cost of living, everything is creeping back up again, food shopping 10c on this 10c on that it all adds up.
Cutting the minimum wage is not an option, Cut the cost of living puts more money in peoples pockets which will encourage them to spend on the goods that they would not think of buying now, more money being put back into the economy.
The problem is that there are too many people who earn a wage here and send the majority of it abroad living on the absolute minimum that they can. This has created a see-saw effect, where money is not been spent on the local economy.