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 Eventful committee discussion in Minimum wage 

The committee on minimum wage has been very eventful so far, with several delegates stating their for and against stances on the agenda. The workers-against has repeatedly stated that the minimum wage does not increase employment as firms may be reluctant to hire new workers due to higher labour costs, and may give fewer working hours, or even lay-off workers to conserve the costs of higher wages. Consumers-Against has made the point that the minimum wage may not be as effective for consumers in developed countries, as the minimum wage is mostly applicable to only low skill jobs, of which there are few in developed countries. 


On the other hand, the State-For made the point that a minimum wage increases the purchasing power of the workers as they will now have more money to purchase goods and services. This,  the delegate stated, results in more goods sold from companies, which can not only help increase returns for companies, but also increases economic output, and can help the economy of the country. Workers-For has made the powerful point that inflation has long surpassed the value of minimum wage, and stressed that the minimum wage is not about increasing employment as much it is about reducing poverty and increasing the Standard of Living of minimum wage workers to make it on par with the increasing average Standard of Living in countries. The delegate stated that the minimum wage was last modified in the United States in  2009, and that inflation has brought the minimum wage close to the poverty line. 


CNA hopes to see more eventful discussion in the committee here on out. 


Vivek Bhat, CNA

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