David Cameron

:) All the comments on here are so long teehee

No i was trying to make you feel compassion for Dave. And i dont agree with all the Con's policies infact ill vote for the person who i think has the best chance of getting us out of this mess. And the Cons have no policy about scrapping the minimum wage i was just showing you how it doesn't work. You obviously vote for Labour blindly, because you havent even tryed to back up your claimes that Labour is the best bet to sort this mess out. Which shows you dont understand there policies. no?

I do not have to back up labour to proof they are the best party, you asked me to list some labour successes and i did, it is Gordon Brown's job to back up the party not mine. Vote for the conservatives i do not care but i will stick with labour.

Ye you named two.

So even though he is getting payed more the items that he buys are also increasing so he is no better off. Another example would be a factory producing similar goods of equal value to another country that does not have this law. Obviously the factory owner cant pass on the increase to the products because he will lose out to the other country so the factory has to close down making maybe thousands of people unemployed. Labour prices can be better set by unions with economists setting wages.

PART4 and will now cut the grass herself. Dave has the same problem with all customers because they realize he's not worth the money he is asking for. Another example would be my friend whos on minimum wage at the petrol station. They could increase his wage from say £5 to £6 an hour he would think this is great i can buy more stuff, and maybe he can for a while. But the shop owner will see his profits droping to unfavourable levels and will have to increase his prices accordingly.

So say we have this friend Dave, Dave is poorly educated because he has learning difficulties, But Dave's made up for it with ambition and started a grass cutting business he gets pade £5 per house and has 20 customers a week and is quite proud of it. The government brings out a new saying all employees should be paid £200 a week. Dave's very happy about the anticipated extra money and goes to his first costomer and tells her about the new wage laws. She sadly tells him she cant afford it

Part 3 Minimum wage is a little harder to explain because on the surface it looks fair and prevents employers taking advantage of employees. But in reality it a best leaves the people it trys to help no better of and infact makes a lot of people unemployed. What people forget is that wages are basically determined by labour productivity. This is why in the 1950s the US average wage was over twice as much as in the UK which was supposed to be a more advanced nation.

Take the £2000 scrappage scheme for example. Remember the countrys in trouble, we've been living beyond our means and borrowed and spent to much money. Now the government's giving us incentives to go deeper in to dept, to destroy working assets and buy brand new car's we dont need. And in doing so our trade deficit increases, and money is diverted away from creating jobs and investment in more productive parts of the economy, which we need for future prosperity. We need saving and investment!!