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About 20 states have their minimum wage at the federal minimum wage. So the federal minimum does have a major impact on the actual minimum. I agree about the
by stonemetal12 5y ago
About 20 states have their minimum wage at the federal minimum wage. So the federal minimum does have a major impact on the actual minimum. I agree about the other part though.
- legitster 5y agoAs another commenter pointed out, minimum wage affects less than 1% of the population. It's a bit bizarre to focus in on such a long tail. More importantly, Big Mac Index is based on the average US price. But Big Macs in, say, Arkansas can be almost 40% cheaper than one from California. So it's really not fair to compare the federal minimum wage to the national price.
- stonemetal12 5y ago>minimum wage affects less than 1% of the population. It does now. If it were raised to 15-20 an hour how many would it effect? If there was zero effect then it would have already passed because it would have been easy points for a congressmen to say "Look what I did for the poor and hopeless I care".
- seanmcdirmid 5y ago> About 20 states have their minimum wage at the federal minimum wage. Minimum wage in those states is increasingly meaningless as almost no one will work for that wage. The longer the minimum wage isn't updated, the more irrelevant it is. Seattle has a higher minimum wage now of $14.50, but it is also mostly meaningless at this point. Conservatives used to propose $20 minimum wages as slippery slope straw men, but these days that proposed wage wouldn't be considered a straw man at all.
- sgerenser 5y agoMinimum wage in my state is still nominally $7.25 but even fast food joints are advertising starting wages of $10-$12/hour with no experience.