Wouldn't raising minimal wage just raise prices higher without dealing with the underlying problems?
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Yes. Good meme. More like this.
So, honest question that comes of my own ignorance. Is a minimum wage supposed to be livable? I always figured minimum wage jobs were for people like teens who didn't need to afford housing.
It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.
-Franklin Delano Roosevelt, making his intentions pretty clear.
"Supposed to be" in whose opinion?
I love that all the Usual Suspects showed up on this thread to push "BOTH SIDES".
Why don't states with Dem majorities raise the local wage to match housing costs?
Washington State, New York, Minnesota... none of these states have escaped this problem.
Economics shenaniganery means that just raising the minimum wage will likely just raise prices.
The state apparatus should probably regulate the prices too, and improve the public housing projects.