The economic case for this isn’t as “open and shut” or the “no brainer” that RP, SDP and Tan Kin Lian make it out to be.
Recent academic research can be cited by NTUC minister and other ministers to prove that having a minimum wage increases unemployment. [Warning: the research is extremely dry and boring, as following the links will show]
Wonder if Dr Chee, Tan Kin Kian, KennethJ etc have been keeping up with the latest academic research on this issue? I’m sure NTUC and MoM ministers would have been briefed by their staff on the evidence supporting the meanness thesis, sorry the “Being cruel to be kind” thesis.
Improving Workfare must be surely better? http://atans1.wordpress.com/2010/10/13/minimum-wages-missing-the-point/
BTW, I must thank Yawning Bread for changing my views on Workfare. I had confused the meanness with which it is implemented with the soundness of the principles behind it. Stupid me.
http://yawningbread.wordpress.com/2010/09/26/in-principle-workfare-is-better-than-minimum-wage/ put me right on the soundness of Workfare.