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The people who advocate and propose such nonsense are astonishingly ignorant. Why stop at $33/hr? Why not mandate $100/hr minimum wage, or $500?
https://www.nytimes.com/2019/01/04/n...ot-enough.html
Snippets from article:
It's almost like the author thinks people are stuck earning the minimum wage, and short of government regulation, have no means to earn more money.A single parent with two school-age children, for example would need to make nearly $69,427 a year, according to City Harvest’s Self-Sufficiency calculator. That amounts to an hourly wage of just under $33.
So to live comfortably enough in all but the most expensive quarters in Brooklyn, a two-parent family with two children would need to make about $70,000 a year, which would mean that each parent would need to earn just over $16 an hour. That figure accounts for the $433 the family would receive in child-related tax credits. All across the city, the cost of basic needs is rising faster for low-income families that conventional inflation metrics actually indicate. Also dispiriting is the fact that nearly a quarter of households that fall below the self-sufficiency standard include an adult with a bachelor’s degree.
In many, many cases, a $15 hourly wage will not bring a family, or even a single person, to an adequate living standard. That hardly means the fight was worthless; it just means the war is ongoing.
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Originally Posted by midnight rambler
