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Economy
In reply to the discussion: Question about minimum wage [View all]gtar100
(4,192 posts)29. You are exactly right! It's important we remember that if someone is willing to pay you minimum wage
then they are willing to pay you less. A living wage should be the standard and it should have a very well defined and easily understood set of criteria for coming up with that number. Anyone who works full time should be able to provide for at least the basic necessities of life. Our values, however, should extend that considerably. Teddy Roosevelt's definition of a living wage I believe is still a very good one. A maximum wage should be implicit in a progressive tax system.
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parity with the "global economy" where some countries $1 a day is the norm for most people.
Sekhmets Daughter
Feb 2013
#5
You are exactly right! It's important we remember that if someone is willing to pay you minimum wage
gtar100
Feb 2013
#29
I don't know that you need books on the issue...Google is your friend.
Sekhmets Daughter
Feb 2013
#3
Thanks! By the way, other than Krugman and Stiglitz do you have any other recomendations?
Pendrench
Feb 2013
#19
Food costs more, so does gas, living expenses. How is increasing min wage to not even keep up
uppityperson
Feb 2013
#31
"Making the poor comfortable does not help people advance it keeps them down." Raising minimum wage
uppityperson
Feb 2013
#24
Couldn't have been full time as not enough hours in the day for that. I've worked several jobs
uppityperson
Feb 2013
#37
Minimum wage workers I know were very happy to get more and didn't get extra work beyond
uppityperson
Feb 2013
#16
Here is what I found. I can understand any increase in business costs being difficult for a business
uppityperson
Feb 2013
#36