- Joined
- Dec 13, 2015
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I guess they can all polish robots for Amazon, but you won't be hiring many $400 a day tile setters on what Amazon pays!
Which is why I keep harping about the Minimum Wage. At present the average MW is $7.25 an hour. Or $15K a year. Let's presume that a couple are both working at minimum-wage levels. The family income thus becomes $30K annually.
The Poverty Threshold is at $24K of annual revenue (for a typical family of four*), so this means (if both are working) they are just above the PT. And in this recent downturn (sparked by the Great Recession), a great many women lost their jobs.
Should any country as rich as the US allow such idiocy to continue? Methinks not**, but expect nothing to change with this Replicant governance in place ...
*With four kids (below the age of 18), the income necessary to stay above the PT rapidly rises to $28K.
**Doubling the MW to 15$ an hour will cost you 20/50 cents more on your BigMac.
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