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What would you need to be able to afford for it to count as a living wage? I would say enough to cover food, clothing, housing, and healthcare for you and a dep
by Veelox 9y ago
What would you need to be able to afford for it to count as a living wage? I would say enough to cover food, clothing, housing, and healthcare for you and a dependent.
One of my issues with setting a national minimum wage is those last two are very different if you are living in Seattle vs rural Arkansas. How would you set minimum wage in such that it gives the same standard of living to people in both of those places?
As an aside, I think our social safety net should be changed so that any income will increase your standard of living. There are too many situation were going from 0$ to something will decrease your standard of living.
- dragonwriter 9y ago> As an aside, I think our social safety net should be changed so that any income will increase your standard of living. There are too many situation were going from 0$ to something will decrease your standard of living That's a major argument for UBI.
- Veelox 9y agoThere are ways to solve the problem without UBI. Such as making sure the sum of help reduces slower than income increase. With the current system the aid is earmarked for certain items. This prevents one of the issues with UBI where someone gets a check, eats steak for a week, then cannot make rent the next week. I know the earmarks don't work perfectly currently or prevent all bad choices but I think that UBI would allow for more bad choices.