Time to scrap the minimum wage?

The government has spent $85 million to get the long-term unemployed working but it's hurt the budget and can't keep up with growing joblessness – a minimum wage exemption is actually the fairest solution.

As the saying goes, you reap what you sow. For the government, this applies to yet another well-intentioned but poorly thought out policy.

In an effort to wean the long-term unemployed back into work, the government introduced subsidies to entice businesses to hire workers who have been unemployed for more than two years and have little to no recent work experience.

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