But it doesn't work with the non-living-wage either. That's just externalizing the costs. If people are actually not making enough to live basic, healthy lives,

But it doesn't work with the non-living-wage either. That's just externalizing the costs. If people are actually not making enough to live basic, healthy lives, that means we have a portion of the population scraping by in bad health and even dying early etc etc. and that isn't free of costs. That has massive massive costs, and the burden is going to be paid some way.