5 ms·
> “So what happens is not _really_ unknown.” I made a career change in my 40s into at a small (< 20 persons) company just above minimum wage. Once my employer
by xtiansimon 2mo ago
> “So what happens is not _really_ unknown.”
I made a career change in my 40s into at a small (< 20 persons) company just above minimum wage. Once my employer decided I was worth keeping around, my wages increased. I was living in a cheap 1rm SRO (very hard to find), commuting 1.5h to Manhattan. Now after 11yrs I’ve purchased a coop in Queens. I put my success as due to low cost of living.
A guaranteed income _might_ have helped do this faster. The jobs I had (previous to now) directly lead me to cheap housing owned by that employer. My next 2 years were filled with labor abuse—long hours below minimum wage. But That community took care of its own. I don’t know how that scales up with everyone getting this Guaranteed Wage. Maybe this GW helps you rent at market rates, but I had some rent forbearance in the form of more abusive work in that little community. You can’t have that with government assistance. Work and housing at the bottom are precarious, and you need support which in my case came from the same private source.
I guess what I’m trying to get my head around is the idea government programs are inflationary but in a way that the underground economy are not.