Originally Posted by
the other bob wilson
Apologies if I'm wrong here, but I believe you voted leave in the EU referendum? I only mention this because the remain side had set out a scenario similar to the one you did for the consequences of a rise in the minimum wage, the Leave side would have, correctly in my view, be shouting "project fear, project fear!".
Anyway, following your logic through, shouldn't there have been all of the dire consequences you listed when the minimum wage was introduced in 1999? After all, this resulted in a pretty substantial wage rise for some low paid workers and yet, unless some sort of link that no one else has mentioned to the crisis which suddenly erupted, in financial terms anyway, nine years later, then the introduction of the scheme did not have any truly significant consequences for the UK economy.