How did we get to a point where we think that the minimum amount you get paid from a company should also be enough to pay half of an average two-bedroom apartment? Why is it not "the minimum possible wage should pay for splitting a room in a lower end apartment"?
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the bullshit treadmill
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Lots of people work these service jobs because they're the only ones available and they have children and families to support. Its not particularly complicated
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I mean, by this logic with minimum wage you should only be able to afford a meal a day of the cheapest food available since homelessness is a tier of living.
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Without wanting to sound flippant, most economics 101 classes will illustrate why this is not the case. The two things are almost completely u related.
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Unrelated*
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The problem starts the second you take the market out of the equation and try to determine artificial price minimums.
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The problem starts the second you take government out of the equation and allow the market to ignore morality, compassion, and equality.
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It's supply and demand for both. Raising the minimum wage will only increase the $ demand for the limited supply of housing in those expensive areas.
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this logic confuses me. Why SHOULD the lowest tier of pay correspond to the lowest tier of living? Why do those need to be correlated?
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Because people need to live?
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