Re:What harm do minimum wages do?
by bitdotdash on Wednesday August 19, 2020 @02:41PM
(#24214333)
Slippery slope / Straw-man fallacy. One is to do with tying the minimum wage to a livable wage. The other is just large numbers for the sake of trying to win an argument. No one is arguing for $150/hr. The argument is simply that you aught not to be able to run a business and extract a profit if the cost to do so is employing people at such a low wage that they require governmental handouts just to pay rent and eat food. Given that, imaginary large numbers like $150/hr or $1500/hr do not come into play and thus do not need to be considered.
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They don't need the handouts. They could for example live in communal spaces and share resources.
What exactly is "livable" anyways? Millions of people live every day with only a couple of dollars a day.
Re:What harm do minimum wages do?
by RockIslandLine on Wednesday August 19, 2020 @06:05PM
(#24217275)
"Millions of people live every day with only a couple of dollars a day."
Not in the USA they don't. There is no possible way that an individual could pay for food, clothing, and shelter on that income.
Sure, different countries have different living standards. That's the point. "Living wage" is an undefined, ever changing concept. Populist to the core.
What a strange argument; you can most certainly quantify living wage for a specific region by looking at the prices in said region.
It's not only the prices but the specifics of what "livable" means. For some it just means the essentials, to others it includes luxuries.
No, it's defined fairly clearly.
Where can I see the definition?
That is still better for society than not having the economic activity.
What exactly is the benefit of wholly depriving the putative worker of a job vs. making up the difference with something like food stamps and Medicaid?