My point is I'm coming from neutral side. I'm not saying minimum wage is good or bad. But the argument must cover all angles from demand supply to price. But my gut feel is cost will definitely increase mah. Tio bo? Then who absorp the cost??? You raise $1 sinkies will kpkb. Then I absorp the cost??? Government pay??? Then money fall from sky izzit??? Then 9% GST more kpkb. It's a double whammy loh. That why I said DON'T ANYHOW ISSUE BLANK CHEQUES...
ish fake concern. as long as it doesnt increase over income, no issue. and it wont becos wage ish just a small fraction of local biz cost.
sinkie no min wage, u work mcd 1hr, ur pay cant get a typical $6+ standard set meal, only $5 value meal.
tokyo min wage ~$11.50, say u work at mcd 1hr, u can get about 1.5 meals with ur pay becos their standard meal ish about 630yen or ~$8.
so what if there ish price increase? as long as ur income can cover ish can liao.
sinkie mcd meal $6+ ish cheaper than tokyo $8, but u work 1hr in mcd u cant get a meal there. whereas the japanese gets 1.5 meals for 1hr work in mcd.
dun look at the sesame and missed the melon. cost ish relative, look at the whole picture.