General Discussion
In reply to the discussion: This is what a $350,000 house in San Francisco looks like [View all]RichVRichV
(885 posts)It should be the base amount a single parent can actually live on working full time in the cheapest parts of the country. And it should be indexed to inflation. All other parts of the country should have a minimum wage that goes up from there to account for cost of living in the area.
Remember minimum wage literally means pay floor. Having a national minimum wage just sets a minimum bar to go from. The sad part is companies in places with high costs of living still pay people the national minimum wage, well below a living standard for that area. That should tell us all we need to know about what companies will do if given the opportunity to screw people over and how corrupted governments are for not setting a livable minimum wage for their area.