Sen. Bernie Sanders (I-Vt.) on Wednesday introduced a bill to establish a standard four-day workweek in the United States without any reduction in pay. The bill, over a four-year period, would lowe…
I agree, it has little to do with it. I was just addressing the idea that the federal minimum wage being the only lever to play would not have a massive positive effect on a huge percentage of workers.
The AFL-CIO, which is only demanding a $15/hour minimum wage says that if it kept up with inflation, it would be $24/hour.
Based on that, the bare minimum someone working full-time should be making is a little less than $50,000 a year. And if the government used that ‘only lever to play,’ and it would still be less than the $68k that is needed to ‘live comfortably.’
Raising the minimum wage to account for inflation would give a vast number of people a major raise.
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I agree, it has little to do with it. I was just addressing the idea that the federal minimum wage being the only lever to play would not have a massive positive effect on a huge percentage of workers.
The AFL-CIO, which is only demanding a $15/hour minimum wage says that if it kept up with inflation, it would be $24/hour.
https://aflcio.org/what-unions-do/social-economic-justice/minimum-wage
Based on that, the bare minimum someone working full-time should be making is a little less than $50,000 a year. And if the government used that ‘only lever to play,’ and it would still be less than the $68k that is needed to ‘live comfortably.’
https://thehill.com/business/4059025-an-average-american-income-may-no-longer-cut-it/
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