Now that we know the facts, raise the minimum wage  - T

Now that we know the facts, raise the minimum wage  - The Nassau Guardian


Now that we know the facts, raise the minimum wage 
Dear Editor,
Apart from demonstrating that he understands next to nothing about the economy and economic history of The Bahamas, Tripartite Council Vice Chair Peter Goudie’s rejection of the recent finding that the liveable wage of New Providence is $2,625, confirms just how out-of-touch much of our business community is to life in the modern Bahamas.
For the edification of Mr. Goudie and his fellow travelers, every forcible historic increase in the wages of average Bahamians (following the 1942 Burma Road riot, following the 1959 general strike, etc.) has resulted in a tangible boost, not a decrease in economic growth.

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