3 ms·
So the standard we should use in determining minimum wage is a "single parent with two school-age children"? Yet in the following sentences, the author adds ano
by 5555624 8y ago
So the standard we should use in determining minimum wage is a "single parent with two school-age children"? Yet in the following sentences, the author adds another adult to the equation and says that a two-parent family with two children would mean "that each parent would need to earn just over $16 an hour." At $33 an hour, this two-parent family would be making close to $140,000 and that's not mentioned.
I've always had an issue with people touting $15 an hour, since they don't look at it from the standpoint of a yearly income. People tend to be surprised it's only #31,200 a year for someone working 40 hours a week.
This article attempts to put things in perspective; but, I think it still needs work.