Quote:
Originally Posted by Rainger99
$20 an hour is more than $40,000 a year! That is a lot of money for a job that requires minimal training. When I was in college, some of my classmates worked at McDonald's part time. No one considered it a career. Minimum wage jobs are not meant to be living wage jobs - or at least never used to be.
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$20,000 - 30,000 is a living wage in many places, just not all places. . Remember that is CA which has the $20/hr rate.
I guess you aren't familiar with the loss of the middle income over the last 20 + years due to automation, which means they go to low income, which means that there are more people for fewer jobs, in both high income and low income, and definitely too many people for too few jobs in middle income. .
referencing 40 year old economics doesn't relate to today's economics. . . .