Of course, that "living wage" means higher prices for all U.S. goods/services - thus raising the federal poverty level (and increased SS COLA payments) but that is a problem for later politicians to solve (kicking the can further down the road). What many do not see is that the federal gov't gets at least 15.3% of every "extra" dollar of wage income, from the first $1 to the SS cap (about $110K), so that increasing the MW is a windfall for the federal gov't too - they may think that we can simply inflate our way to prosperity.
Last edited by ttwtt78640; 11-01-14 at 09:16 PM.
“The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman