General Discussion
In reply to the discussion: Let's pay 16 year olds $31.2k to sweep floors!!!! [View all]eniwetok
(1,629 posts)Businesses get freebies from government as discussed here http://www.democraticunderground.com/10027733743
As beneficiaries of social benefits they also have to serve the needs of society... to pay a reasonable MW, to provide safe working conditions, pay OT over 40 hours... etc. The question is what's a reasonable MW for unskilled labor in ALL parts of the nation?
It's pretty difficult to make the argument that of $15 is a "living wage" for a high flying city... then it must be also applied to even depressed small towns. Which is why I've argued for a return of the highest the MW has ever been... which today would be about $11. It's clear from BEA and BLS numbers that the economy was able to absorb this without problems. But since 1968 the economy has become increasingly addicted to a depreciating MW... and some is making off with that value that should be going to workers.