4 ms·
Pegging to a specific dollar value means this erodes every year (much like minimum wage). This should be pegged to a multiple of minimum wage, or some multiple
by mullingitover 3y ago
Pegging to a specific dollar value means this erodes every year (much like minimum wage). This should be pegged to a multiple of minimum wage, or some multiple of median national salary.
- idiotsecant 3y agounfortunately both minimum wage and the median national salary also represent a shrinking slice of the pie, just at different rates. What we should have is a % of per capita GDP but that's kind of a radical idea that could never go anywhere.
- Beached 3y agowhy not a multiple of the poverty line. there is already a mechanism in place to have this updated annually and accounta for inflation.
- deleted 3y ago[deleted]
- bobongo 3y agoIndex it to CPI and that'll be that.