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About half of minimum wage workers are at least 25 and three-quarters are at least 20. http://www.pewresearch.org/fact-tank/2014/09/08/who-makes-minimum-wage/
by frgtpsswrdlame 9y ago
About half of minimum wage workers are at least 25 and three-quarters are at least 20.
http://www.pewresearch.org/fact-tank/2014/09/08/who-makes-minimum-wage/ http://www.pewresearch.org/fact-tank/2014/09/08/who-makes-mi...
>Is every single type of profession required to support a family of 4?
"A man must always live by his work, and his wages must at least be sufficient to maintain him. They must even upon most occasions be somewhat more, otherwise it would be impossible for him to bring up a family, and the race of such workmen could not last beyond the first generation."
"They who feed, clothe, and lodge the whole body of the people should have such a share of the produce of their own labor as to be themselves tolerably well fed, clothed, and lodged."
"Our merchants and master-manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods both at home and abroad. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people."
All from Adam Smith.
- falcolas 9y ago> the race of such workmen could not last beyond the first generation. I don't believe people (well, the people with the influence more accurately) care about this anymore, not with the promise of automation to replace that lost generation while lining their pockets with money.
- canadian_voter 9y agoAdam Smith is such a commie. The man clearly has an agenda. Good thing no one takes his work seriously.
- dang 9y agoWould you please stop posting unsubstantive comments to Hacker News?