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College and Student Loan Debt
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Quote:No it's not a fallacy, why is $15 a living wage minimum wage? That's only $2400 a month no way is that a realistic living wage in many parts of the country.There is a difference between a living wage and what you are proposing. A living wage allows you to pay a modest rent/utilities and eat/feed kids w/e.. It's not luxurious. 60k allows people to live pretty darned well in most of the country. 60k is a VERY good living in Jax and a reasonable one here in Portland. The part I bolded above is faulty logic IMO though. Cost of living increased over the decades and profits have skyrocketed while minimum wage has not increased. The person making 6 bucks more in raises would be making even more money if minimum wage was higher assuming his starting salary was linked to a minimum wage job. |
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