a lot of people come out and say “higher minimum wage hurts business and therefore the community” but every time it happens the community only sees benefits
I will never understand how a business owner sleep while paying his employees only $7.50 or so per hour
I would love to see a community consensus on some general parameters:
- 1x 40h/wk work should allow 1 person to live independently
- their housing should be code compliant and stay under 30% of their income
- there should be some money in the budget for ‘fun’, like cinema, concert or restaurant
at 15k/year gross you end up with a monthly housing budget of less than $350 — I really wonder if there are any places where you can rent an apartment for $300 — because there are still utilities to pay …..
what kind of business model does rely on indirect subsidies (welfare to employees) which are basically welfare to the company (Walmart anyone??)