3 ms·
The counter point to that is that the current minimum wage for a full time job with no time off comes to ~15k a year just barely over the poverty line for a per
by rtkwe 7y ago
The counter point to that is that the current minimum wage for a full time job with no time off comes to ~15k a year just barely over the poverty line for a person living alone and under the poverty line for two people living together without kids. So in reality with even a small amount of time off or not working 40 hour weeks 100% of the time minimum wage isn't enough to keep someone off Federal/State assistance.
This is basically a subsidy to these companies by the government supporting lower wages for them when they're already quite profitable.
- randyrand 7y agoIt's only a subsidy in the way the universal basic income is also a subsidy.
- rtkwe 7y agoUBI would be but I'm personally more ok with it given it won't be JUST to businesses. It'll benefit everyone with businesses also being included. Also raising the money for UBI will probably include a lot of funding via business taxes (including maybe having the employer paying much of the cost of the UBI of their employees).