3 ms·
> Many (most) minimum wage jobs do not provide any meaningful benefits, so it's tangential to the minimum wage in most cases. I think you might be forgetting t
by zaroth 6y ago
> Many (most) minimum wage jobs do not provide any meaningful benefits, so it's tangential to the minimum wage in most cases.
I think you might be forgetting that most benefits at that wage level come from the government not the employer.
When you count how those benefits have increased since 1968 then minimum wage has never been higher.
This is most particularly true for Medicaid Expandion states since the ACA, but even non-expansion states with the health care tax credits and cost sharing reductions which are worth $10k-$20k per year to a low-income family of four.
This adds about $4/hour to the effective wage of a dual-income family which TFA is just ignoring.
The increasing value and accessibility of SNAP benefits is probably another $1/hour.