4 ms·

Min wage should be increased by certain significant percentage but definitely not by 100% to $15. That is basically saying "no need to study in high school or g

Min wage should be increased by certain significant percentage but definitely not by 100% to $15. That is basically saying "no need to study in high school or go to college because you can still make around 30k based on min wage". 30k is a starting salary for a lot of college fresh graduates. This could in-return can also create economic imbalance among classes (abridging the gap between high school drop out and fresh college graduate)

danans 11y ago
Local minimum wages should be raised in a manner commensurate with local inflation. In places like the Bay Area and NYC, $15/hr isn't much considering the enormous cost of living - hence the term "living wage". $15/hr is probably too high for a part of the country with a very low cost of living like Mississippi. The federal minimum wage sets the absolute bare minimum. The often mentioned radical alternative is Basic Income, which would eliminate all minimum wages and push up wages on the low end by tightening the labor market (because many on the low-income end of the labor spectrum would opt not to work).