Quote:
Originally Posted by TheLastStop123
All jobs should make a livable wage lol what are we even doing here
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Here is the thing for me.
Livable wage means from investopedia
KEY TAKEAWAYS
A living wage is a socially-acceptable level of income that provides adequate coverage for basic necessities such as adequate food, shelter, child services, and healthcare.
The living wage standard allows for no more than 30% be spent on rent or a mortgage, and is sufficiently greater than the poverty level.
The living wage is often suggested to be quite a bit higher than the legally-mandated minimum wage.
Now, simply cranking up the minimum wage level to get people,here isn’t very smart. It leaves too much leeway from the private sector to absorb too many key variation to the living wage formula.
Therefore, to achieve “livable standards” for people we need subsidized child care, and health care, and mortgages and education plus increase wages so people can achieve the goals.
Raising wages for example with spiraling healthcare for example, or unattainable child care doesn’t achieve the goals.