Submitted by Malcopticon t3_104zj95 in UpliftingNews
BullAlligator t1_j39qtcz wrote
Reply to comment by TheMcWhopper in December Jobs Report: U.S. Unemployment Rate Is the Lowest in 50 Years by Malcopticon
Yes. It's enough money to maintain a decent standard of living without being subsidized by the government.
The question then is what qualifies for a "decent standard of living".
irredentistdecency t1_j3aufi6 wrote
While I agree with your perspective, your argument adds complexity that weakens the case rather than strengthen it.
The government already calculates a “cost of living index” for every part of the country.
A living wage is simply any wage which is at or above the cost of living in that location.
Should we, as a society aim for the higher standard of a “a decent wage”? Absolutely, & I’d define a decent wage as a wage that allows a person to cover the basic costs of living + 10% of their income in discretionary spending & another 10% in savings.
I find it amazing that the idea that corporations have to make a profit from their efforts is considered obvious but the idea that a worker also should profit (profit being income minus expenses) is considered communism.
BullAlligator t1_j3d7tna wrote
Yeah I think it's disturbing how most people live with well below the standards I have for a decent wage and wealth is very unevenly distributed.
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