4 ms·
I think one of the main issues here is assuming that jobs that pay minimum wage are (or should be) meant to support a family. There is all kinds of politics sw
by metalliqaz 9y ago
I think one of the main issues here is assuming that jobs that pay minimum wage are (or should be) meant to support a family. There is all kinds of politics swirling around this issue, but one simple fact remains: a worker must create more value for their employer than it costs to compensate them. Just raising the minimum wage isn't going to help if the work isn't providing the necessary value. Sure, prices can rise to the consumers, but other market pressures will be at work to counteract such a rise (think automation, etc).
I think it is much more important to try and train/educate workers such that they aren't dependent on minimum wage jobs for their livelihoods. Then those jobs can be what they are supposed to be: entry points to the workforce that allow workers to develop skills and move on.