I asked this question in the Wisdom of the Crowd:
Should Singapore introduce a minimum wage law?
Here are the responses:
77 % - It ensures that all workers each wage sufficient to meet the cost of living
11 % - It will reduce inequality.
9 % - It will increase the cost of living.
4 % - It pays too much for bad workers
See the pie chart at:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=779
They think they are bionic humans. Which part of their body worth millions?
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