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Minimum wages should be set at the state level, not the federal level. $25 in California is much different than $25 in Puerto Rico.
by binarynate 4y ago
Minimum wages should be set at the state level, not the federal level. $25 in California is much different than $25 in Puerto Rico.
- paxys 4y agoIt already is. The federal one is a floor which applies to the whole country. A state can increase it for themselves, and a city can increase it even further.
- binarynate 4y agoWhat I'm saying is that that there shouldn't be a federal floor of $25 because the relative value of $25 differs depending on location. For example, a federally mandated minimum wage of $25 might preclude Puerto Rico from becoming a state because that doesn't make economic sense for them. I live in Indiana, and I would argue that a floor of $25 is too high here, too.
- paxys 4y agoIs there a number below which you cannot survive anywhere in the county? That should be the federal floor. It could be $25 or something else, but that number does exist.
- binarynate 4y agoFor reference, $25 * 40 * 52 = $52,000 per year. The minimum wage you're describing is much lower.