In America, the average minimum wage is 7-8 USD/hour. While a Venti cup of Starbucks costs around 7 USD and a Extra Value Meal at Macdonalds cost about 6 USD.
America is one of the biggest exporters in the world, thus, they can afford to sell Starbucks and Macdonalds at the price of their minimum wage.
In Singapore, almost EVERYTHING is imported. So what should we set the minimum wage to be, like 9-10 SGD? And when we finally have the minimum wage being implemented, should business owners also increase the price of their products? Those sinkies that say no, then explain who should bear the cost of raising their employees' pay?
I believe such sinkies are also expecting ginna pis who are doing simple jobs like working part-time in a mini-mart and giving out flyers to be earning 9-10 SGD an hour? While cleaners and plumbers who are doing menial jobs, earning the same as those ginna pis?
When those who used to earn peanuts for simple part-time jobs are now earning as much as those blue-collared job workers, do you think those blue-collared job workers would still want to continue doing what they are doing?
America is already a good example of how the "minimum wage" has been killing jobs. People who were once lazy to work, are now trying to find easy job that pays them as much as what the rest of the nation are earning, while those who are earning a slightly higher pay, now feels that it's unfair that they are earning as much as the rest who are doing a lot lesser work than them. People are quitting their "professional jobs" to work in jobs that are less taxing for the same pay.
So if you think that minimum wage is good? You must be retarded to think so