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Minimum wage is designed to be enough to live on. The problem is that calculating such an amount is more than tricky. Consider that inflation changes "constant
by c0wb0yc0d3r 9y ago
Minimum wage is designed to be enough to live on.
The problem is that calculating such an amount is more than tricky. Consider that inflation changes "constantly" or whether newly enacted bills are factored in. From my quick research, it appears as though the affordable care act made the assumption that minimum wage already factored in mandatory health insurance.
Now consider what does it mean to say a person is "living." Are you living if you have a roof over your head and food in your stomach? Is the food being considered, the same meal morning noon and night, or a variety of foods? If you are making minimum wage are you eligible for SNAP (a.k.a.food stamps)?
What about access to the Internet, OTA television, radio broadcasts, or entertainment of some sort? Biologically none of these are needed to live, but I bet an argument could be made.
I agree with you that no one should work for minimum wage, always the maximum. I think simply raising the minimum wage amount is treating symptoms of bigger issues.