Our minimum wage is indeed fairly high, and the taxes that low earners pay is very low, but we do have problems. Wage compression in this country isn’t particularly good. Most people are either minimum wage or close to it.
Even a lot of highly skilled jobs aren’t highly paid, it’s a problem for the economy, for tax revenue, and for encouraging workers to go for better jobs/strive for progression. I don’t know what the government can do about it, but the answer certainly isn’t to pin it on young people and imply they’re lazy.
But one thing the government can definitely impact is what you mention at the end of your comment: government policy can certainly help bring down the big costs like property costs (both for people and businesses), energy, water, council tax.
Our minimum wage is indeed fairly high, and the taxes that low earners pay is very low, but we do have problems. Wage compression in this country isn’t particularly good. Most people are either minimum wage or close to it.
Even a lot of highly skilled jobs aren’t highly paid, it’s a problem for the economy, for tax revenue, and for encouraging workers to go for better jobs/strive for progression. I don’t know what the government can do about it, but the answer certainly isn’t to pin it on young people and imply they’re lazy.
But one thing the government can definitely impact is what you mention at the end of your comment: government policy can certainly help bring down the big costs like property costs (both for people and businesses), energy, water, council tax.