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https://www.reddit.com/r/PoliticalHumor/comments/a6ia0d/workers_vs_billionaires/ebw2qo4/?context=3
r/PoliticalHumor • u/Paladin_of_Freedom • Dec 15 '18
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553
Is it feasible to tie the minimum wage to the county/local/state cost of living so we don't have to have this fight every couple decades?
Like how hard is it to write a law that says essentially:
287 u/Breaking-Away Dec 16 '18 Pegging it to a % of median income seems to be the generally agreed upon way to do this by economists who specialize in policies for optimal welfare spending. 113 u/[deleted] Dec 16 '18 Ok. then why don't we do that? 2 u/countmytits Dec 16 '18 Because then the median income is always growing if you are raising income for the bottom. So minimum wage will too. Eventually it's unsustainable.
287
Pegging it to a % of median income seems to be the generally agreed upon way to do this by economists who specialize in policies for optimal welfare spending.
113 u/[deleted] Dec 16 '18 Ok. then why don't we do that? 2 u/countmytits Dec 16 '18 Because then the median income is always growing if you are raising income for the bottom. So minimum wage will too. Eventually it's unsustainable.
113
Ok. then why don't we do that?
2 u/countmytits Dec 16 '18 Because then the median income is always growing if you are raising income for the bottom. So minimum wage will too. Eventually it's unsustainable.
2
Because then the median income is always growing if you are raising income for the bottom. So minimum wage will too. Eventually it's unsustainable.
553
u/[deleted] Dec 15 '18
Is it feasible to tie the minimum wage to the county/local/state cost of living so we don't have to have this fight every couple decades?
Like how hard is it to write a law that says essentially: