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Boost the wage floor. High skilled workers have more force to push against the wage supply price that employers set; they have a lot of power to set wages, incl
by Scipio_Afri 8y ago
Boost the wage floor. High skilled workers have more force to push against the wage supply price that employers set; they have a lot of power to set wages, including an entire department called HR dedicated to ensuring they get the best deal as they can. Low wage employees do not have that power.
- mlindner 8y agoThe wage floor has been continuously getting raised. Many areas of California have the highest minimum wage laws in the country. That isn't going to solve the problem.
- rrcaptain 8y agoOnly very recently and many haven't even raised all the way. But I agree that it's not going to solve the problem, only a maximum income can solve that.
- Scipio_Afri 8y agoAdjusted for inflation its lower than it was in the 1960's
- malandrew 8y agoRaising the wage floor just puts more upward pressure on housing.
- dredmorbius 8y agoSo you need to attack both. Land tax and wage floor.