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Topic | "In 1935, the minimum hourly wage in the U.S. was set at 25¢. |
Demon1050 01/27/21 6:47:39 PM #65: | So many ways to approach this topic and it's hard to say what will work in the real world. I'm on the conservative side and I do my own light duty landscaping mini-biz making $20 an hour and even I'll agree that $7 an hour is ridiculous, you basically need two jobs to make it. There's no reason for someone to not live a reasonable comfortable life if they're willing to work 40 hours a week. So I'm definitely in favor of a living wage. The problem is if we bump it to 15 is the price of everything going to double from hyper-inflation? That's a problem and not fair to people already making more per hour and to people with large savings. Even if the price of everything goes up only 25% that's pretty rough. As stated, it depends on the state. $15 an hour won't do shit if you live in cali with $2500+ a month rent. But you'll be living relatively good out here in the country like I do where I can buy a nice 3 ace property for $20,000 and put a 1200 sqft prebuilt on it for $35,000. This is not my area of expertise so I'm not sure what will work without huge inflation. If we can make it work with maybe 10% inflation or something I'd be much in favor of an increase, because nobody should have to slave away for 80 hours a week to survive. ... Copied to Clipboard! |
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