$15? $25? $0 because the children yearn for the mines?
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I think it should be Enough™️. Not just enough to scrape by with 3 roommates, or to barely make it on your own, but enough so that you’re never a single paycheck from homelessness; enough so you can live on your own, modestly, comfortably, without struggling unduly; enough so that if a medical issue arises, you can handle it without worrying.
People should be paid Enough™️ so that they can do MORE than just live, but so that they can THRIVE. And every day that doesn’t happen is a stain on Humanity’s record.
Enough to live off of. The worker deserves their due.
e.g. if we really want to be a Christian nation, these earlier writings come to mind: Leviticus 19:13, Deuteronomy 24:15, 1 Timothy 5:18-19, Jesus reiterates in Luke 10:7, James 5:4, and many, many others.
Setting it to any single number is pointless, it will inevitably stagnate and fall behind inflation, leaving us in the exact same position.
The first thing we need to do is redefine a livable wage to being able to afford shelter, food, and utilities. Then, we can tie the minimum wage to the current livable wage, which will continue to rise in future alongside inflation.
The rich.
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✍︎ arscyni.cc: modernity ∝ nature.IMO minimum wage should be set to something like $25/h, and then automatically adjusted for inflation annually. The downside would be that inflation can be calculated in many different ways, and would probably be calculated in the way that’s best for dicking over the working class, but that’s still better than what we’ve got now.
Circa 1960, the minimum wage was $1.00/hour and the price of a US home averaged $11,000.00
In “Hell’s Angels” Hunter Thompson ran down the economics of being a biker/hippie in 1965.
A biker could work six months as a stevedore, and then take a two year road trip. A part time waitress could support herself and her live-in boyfriend.
TBF you can still support dependants as a part-time waitress today.
Let me know where the rent is that low.
In my area $1,500 for a decent studio is considered a goo price . North East USA.
Chicago, I’m a waitress myself and support a family of five here on that income.
Run down your budget.
General terms is fine.
$950 housing
~$450 utilities & phones
~$150 transit
~$400 groceries
and then a variable amount on medical, clothing, eating out, and travel, the rest goes into long-term savings
thank you
Uh huh, and i sell the golden eggs my goose lays for a living.
I say we make the federal minimum wage equal to 20% of the salary of a Congressperson.
That’s likely to be $180k in 2025, which means a minimum of $17.30/hr. We know they never fail to give themselves raises, so it makes sense to tie their pay to the minimum wage.
Or, hear me out, Congress gets only whatever they think minimum wage should be. No stock holdings, lobbyist freebies, or gifts.
Make it 50%
That would put the minimum wage about 30% above the current median wage. I doubt the economy would react positively to such a huge jump.
Oh nooo, the congresscritters need a pay cut? XD
72 bucks. Read somewhere a little under that is what the buying power of our grandparents was when they could afford a house and comfortable life with a wife with a single job, so 72 since the billionaires have too much anyway.
I was going to say $73 but you’re right that would be way too much! $72 is perfect.
But we can’t pay our workers 73 dollars per year! We’d go bankrupt!
Nobody wants to work any more…
At the very least it should be $10.80 - the last increase was in 2009 to $7.25, and that’s what it would be if it kept up with inflation. If you pegged it to inflation at earlier points then it would be even more today. The minimum of $3.35 in 1981 would be equivalent to $12.35 today. Any future increase in the federal minimum wage should be set to automatically increase with inflation every year. That way it can’t stagnate for 16 years like it currently has.
Realistically the minimum wage would need to be higher in some places at the local level, in particular in some cities where the cost of living is much greater than the national average. The California minimum wage is $16.50, and it’s higher in more expensive cities (Berkeley is $18.67).
Whatever it takes to have a place to stay. Three meals a day. Get medical care.
US answer because I live in the US.
It should be the livable wage of a single person for each US state. It should be calulated each census with an annual cost of living increase based on the prior 10 years.
It would be a lot easier to calculate if universal healthcare and UBI existed.
It should be at least $25 by now for even the poorest state.
Whatever happens, pin it to inflation
It certainly shouldn’t be static, waiting on legislators to increase. Tie it to some kind of economic metric that is determined by an independent (non political) body
We have the data to tie it to local cost of living indexes based on rent, food prices, property taxes, etc.
I’ve heard the argument that this would cause inflation because “businesses will charge more if they know people can afford to pay more” which makes me laugh cuz they already doing that shit when we can’t afford to pay more
Hm, pay more or go hungry, what should I choose?
/s
$0 with UBI
Minimum services, not minimum wage.
Guarantee food, housing, healthcare, transport, etc to every person first. Then we can talk wages.
