The minimum wage, if it’s to be a liveable wage, should be set to some multiple of the median rent in an area. (Min Wage) x (0.30)=(Median Rent). Updated every year or two.
In my area…
The median rent in Los Angeles, CA is $2,760.
https://www.zillow.com/rental-manager/market-trends/los-angeles-ca/
So hourly should be $55.
Even for me that’s a bit. Let’s say the median household has two income earners, so base it on that. If you’re solo you can get yourself some sweet studio or whatever. So, basing the minimum income on two incomes and median rent would make minimum wage $25. That is right on the money! Nice. That’s what I’ve seen several reports say minimum wage should be if it kept up with inflation over the decades.
Median rent for my area just to the south is $3,586.
https://www.zillow.com/rental-manager/market-trends/orange-ca/
We are always told/taught not to spend over 30-40% of our income on housing. Hard to do if minimum doesn’t keep up.
If the minimum wage were tied to housing costs, employers would demand housing cost regulations.
I like this idea.
It’s almost as if people pointed out that raising the minimum wage will result in higher costs for everything and thus raising the cost of living.
Hey you get a hundred more bucks a week? Guess what your rents going up fifry dollars a week.
Sounds great but groceries rise cost twenty more a month because they are paying their people more. Gas goes up… And everything else costs “just a bit more” because of rising costs for the new minimum wage.
Maybe the solution isn’t to get more money but stop acting like everyone who decides to move to California deserves a charmed life. In the supply and demand metric for jobs California seems to be fine with increasing the supply of workers with out realizing that has caused most of the problems we have. Sorry but just like the game industry until people stop wanting to come out to California with out a job lined up ultimately there’s going to be problem.
Btw I’m definitely not talking about immigration with this I’m talking about someone from Kansas deciding to come out to California for what ever reason, something not working and then bitching that they can’t stay here on a minimum wage salary and afford a single room apartment.
Maybe if that’s the case going back to Kansas which has a better cost of living is a better choice than trying to live in a city or state with the highest cost of living?
Not everyone has to leave to fix this but until at least some people leave the scale will continue to tip against everyone in the state because the surplus of people only raise the supply on people looking for jobs, raise the demand on housing which increase rent and this will continue until this idea that there’s a guaranteed perfect Californian life exists for anyone who comes out here is dead
That’s not how any of that works.
I was about to comment with this exact same line. This person doesn’t understand economics.
Vote 3rd party and end this ponzi scheme of a gov.
End Capitalism Before it Ends Us
You’re not wrong but now isn’t the time
You’re watching them shit on your country with the mindset of “no don’t worry, NEXT 4 years for sure this time”
Wake tf up and do something about it. 3rd party in 2024 or you’re stuck w/ the motherfucking orange fuhrer
Yea vote 3rd party that always works /s
You’ve spent your entire life believing in the idea that there are only 2 options.
Since grade school, you were propagandized into picking the better of two evils (who always, ALWAYS, favor the MIC).
There is a big enough movement (from not only lefties, but also people who do not like Trump) to win a 3rd party seat and implement ranked-choice voting going forward.
If you think we get ranked choice with a D or an R candidate, you are sorely mistaken, and THATS the point.
Who is your third party star ? And a source? You’re not trying to manipulate people into throwing away their vote are you?
Edit: Typical, lying, deceitful trumpers
I think they’ve just drunk a little too much koolaid, but yeah, the intent makes no difference for the rest of us.
I just checked the profile and it’s all either FUD about Biden (personally, I still might vote third party [don’t @ me, I’ve still got time to think, and the state of the debate here is stressful], so I’m not inherently opposed to Biden doubt) or pro-China. I’m also relatively pro-China, in the sense that I believe it’s a country that largely tends to the needs of a majority of its citizens (with a considerable failure rate, but I honestly don’t think the Chinese government is less ethical than the US government, which is not exactly high praise), and I don’t think they’re likely to invade the US or Europe anytime soon, which seems to make me more pro-China than most around me.
So I guess what I’m saying, is that if it seems like propaganda to me, who is pretty sympathetic to these views, it probably is.
