Minimum wage seems to be such a hot topic among people today.
opinion exist about the benefits and drawbacks of a minimum wage. Supporters of the minimum wage say it increases the standard of living of workers, reduces poverty, reduces inequality, and boosts morale. In contrast, opponents of the minimum wage say it increases poverty, increases unemployment (particularly among unskilled or inexperienced workers) and is damaging to businesses, because excessively high minimum wages require businesses to raise the prices of their product or service to accommodate the extra expense of paying a higher wage and some low-wage workers "will
and it seems to have a strong pro-market view in terms of its economic policy but it also seems to have a strong social agenda as it supports minimum wage legislation in Hong Kong. Tony Latter said in his book "Hands on or Hands Off? The Nature of Economic Policy in Hong Kong" that the HKDF "... represents business and professional people sympathetic to democratic ideals". The HKDF "...has remained consistent in its (economic) philosophy, but beyond such general statements of support for Hong Kong's