@WSJ south korea is too long
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@WSJ Key to the graph is that it includes welfare payments. Its welfare + income on MV. WSJ should've included notes to graph. -
@CallamPickering@WSJ Exactly, combination of minimum wage and family payments gives results (but we are working on reducing the payments) -
@WhitefordPeter@CallamPickering@WSJ so is it also a graph of how much subsidy taxpayers give 2 businesses who profit by paying low wages? -
@ronixact@CallamPickering@WSJ Not really, because our mimimum wage is higher than most other countries.
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@WSJ does that mean that one could work at minimum wage for 12 hours a week and make the median income in Australia?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Minimum-wage workers in Australia must work 6 hours a week to escape poverty. http://on.wsj.com/1PxxjRP pic.twitter.com/q94tMrYtVR
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@WSJ@Mbaccanti Australia number seems low!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ@KatieSchmuecker That doesn't sound right? -
@KeithDRozelle@WSJ what sounds wrong about it? -
@KatieSchmuecker@WSJ Implies a) 12-hours per week and they're well ahead of the game and b) min. wage set too high in AUS -
@KeithDRozelle@WSJ on (a) do you mean in the UK? If so its 16hrs. Graph is after tax & in-work bens, & using 50% median income measure 1/2 -
@KeithDRozelle@WSJ and doesn't include things like childcare cost. On (b) maybe see above abt tax & in-work bens? 2/2 -
@KatieSchmuecker@WSJ 2/2 IWP current huge societal risk and b) graph seems to suggest Govts are funding min. wage. What is the message IYO? -
@KeithDRozelle@WSJ the msg I take is working poverty can be reduced- answer lays in combination of min wage rate, tax policy & in-work bens -
@KatieSchmuecker Thanks for taking time to help me understand this a bit more Katie, appreciated. I fear IWP is the great issue of our time. - 1 more reply
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