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Old 06-17-2010, 01:53 AM  
roly
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Join Date: Aug 2002
Posts: 1,844
Quote:
Originally Posted by $5 submissions View Post
How about impact on inflation?
no impact whatsoever, the people who were earning less than the minimum wage before it was introduced would have been receiving top up social security payments from the government. so they didn't suddenly have more money in their pocket, but it wasn't being subsidised any longer. also over here they put it up in stages.
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