You can live for very little if you're careful. Of course, if you add on additional costs, the wage you need to survive increases.
I always viewed "minimum wage" as the absolute minimum you need to survive. Of course it's not gonna be enough if you have more costs!
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If you go into debt for education, you are probably sacrificing your ability to be comfortable on a minimum wage. If you have kids, you sacrifice it. If you want to live alone and not with roommates in some areas, you sacrifice it. This seems sensible to me.
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A minimum wage shouldn't be "the minimum for you to be comfortable even if you make choices that increase how much you need to spend"
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Just because you have always seen that way it does not mean we have to define it that way. We can define it as the minimum required for a full time worker to support their family for example.
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I mean, this is perhaps Not Good, as you can survive with No employment at all, which i think is Good--- so minimum Wage should be an upgrade for people, encourages employment, etc
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Housing is highly regulated in a way that keeps costs high, while wages are allowed to stay low, and this really squeezes workers.
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Yeah, but they dont adjust for inflation every year so its actually just been going down and down even with the occasional adjustments. GPT4 will automate all of our jobs anyways. We need UBI.
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Minimum wage in the USA started as the minimum for a *family* to live on.
Minimum wage hasn't kept pace with inflation & isn't enough for one person to live on in most cities in the USA.
There's a book that discusses living on a low wage blue collar job:
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it should be possible to work for less than what is needed to survive, for example when young people are still supported by their parents or a scholarship and want to gain experience and some cash along studying or summer holidays
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