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From FDR, the guy responsible for establishing the wage floor: > no business which depends for existence on paying less than living wages to its workers has an
by hug 5y ago
From FDR, the guy responsible for establishing the wage floor:
> no business which depends for existence on paying less than living wages to its workers has any right to continue in this country.
> By ‘business’ I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level — I mean the wages of decent living
So no, the minimum wage is supposed to be a living wage, but has fallen far from its inception.
You can argue whether it's necessary that we have a minimum wage, but not what it was conceived for.
- wizardofmysore 5y agoI see, I did not know that. I thought it was a means to ensure someone who doesn't have a good job gets a minimum amount of wage till they find something stable.
- Jcowell 5y agoEven then I don’t get the point of this. Where would one find the time to get the qualifications for a more suitable job if they’re too busy working full time minimum wage let alone two part time minimum wage jobs? What are they suppose to do in the intermediate between working the minimum wage job and landing a stable one? Starve?