Vote NO on the New Minimum Wage Law Proposal

Day 553, 14:29 Published in Philippines Philippines by Reclusive Monkey

"But why?" I hear you say. "You are trying to increase the well being of all ePhilippines citizens?"

I am, which is why I advise voting no. Employers are citizens as well, and they have to pay wages. By far the highest cost for any employer is wages. At the lowest skill levels, which is where a minimum wage comes into play, workers produce very little. If the minimum wage was 5 PHP, no employer could produce enough to pay the wages of low skilled workers and taxes. They would go out of business, people would lose their jobs, tax revenue would go down and moral would suffer. Just as the ePhilippines economy was getting back on its feet it would be struck back down again.

So, although it may look like a good thing to do, this is a very bad idea. All congressmen should vote no. Had a debate area been set up for this proposal, we could have debated there but unfortunately it wasn't. Hopefully all citizens of the ePhilippines will see this proposal as one that is harmful to the economy and not good for citizens.