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TopicShould you be able to live off minimum wage?
wolfy42
05/09/19 8:24:26 PM
#4:


If you are going to have 40% of jobs (for adults) pay minimum wage or close, then yes, you should be able to live on it.

That being said, you can, even in the most expensive places in the US, but you won't be renting your own place, only a room. Other then that you can pretty much have everything else.

What really needs to be fixed is rent control, more then wages. Higher wages would be good as well (universally though, not just minimum wage. I would suggest increasing all hourly jobs by $3 an hour flat, and all yearly salaries by $6000 a month (3*40=120$ a week)*56 weeks is around 6k.

To jump start the economy and really make things work well for average people, combine both.

First, invest money in low cost housing, still make a profit, but rent 1 bedroom, 1 bathroom apartments in every area for $800 a month. This would actually still make a profit over time for the government.

This would also drastically reduce the average cost of housing in many areas (where a 1 bedroom is currently $1000+).

Then increase the incomes like mentioned above, and bam, far better then just raising minimum wage.

Won't make any real difference to those already making 200k + a year, but a HUGE difference to those making around $10 an hour right now (in places where that is the minimum wage).

Also stops the current trend of boosting min wage by $1 a year or so, which is causing many skilled jobs, or people who have gotten raises through seniority etc, to end up only getting min wage at this point.

That is totally not fair. If a cashier gets a bump from 9$ an hour to $12 an hour like in my area, over the last 3 years, a Cargiver, who used to make $12 an hour, but needed 3 months of training and to pay over $500 for the licence, should also get a bump, not stay at 12$ an hour like also happened in my area.

Sadly the same care giver who made $12 an hour 3 years ago, makes....yup, $12 an hour today. They should be making 15$ an hour. The more you invest (education/training/time on a job) the more you should get paid. Everyone deserves to get paid enough to live on, that is true, and the current minimum wage is too low.

The solution though is to raise ALL wages, not just the minimum.
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