Illogical
FINER POINTS THE prevalence of illogical thinking among our politicians, policymakers and lobby groups has become so prevalent that it puts into question how the country’s development trajectory will fare in the future. Our senators want to increase the minimum wage by P100 (even higher in the House) per day because they believe that the […]
THE prevalence of illogical thinking among our politicians, policymakers and lobby groups has become so prevalent that it puts into question how the country’s development trajectory will fare in the future.
Our senators want to increase the minimum wage by P100 (even higher in the House) per day because they believe that the current salaries of our workers do not provide for a decent living for themselves and their families. Those who oppose it, meanwhile, warn of runaway inflation given the hefty increase and possible mass layoffs as firms will not be able to absorb the extra cost.
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