re: Minimum wage workers cannot afford rent in any U.S. state

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By the way, if everyone already pays higher than minimum wage, there will be no impact if it is raised.

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This is factually incorrect. As minimum wage is artificially raised, it brings minimum wage pay closer to low skilled, but still skilled, pay. There is a ratio to the value delivered and this will lead to these lower jobs making more money.

That sounds great, as now people make more money, except it’s not really what their job is worth as they don’t add that extra value to the end product. Because if this, the final price goes up, basically making the buying power of minimum wage proportional to where it was before.

All increasing the minimum wage does is increase inflation

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they don't like facts dude. just ignore em


High rent has nothing to do with minimum wage.

In places like new york its high demand with not as many properties available.

Or its foreign companies buying up property.

Or the housing market crashing sending owners into rentals, raising rental prices.

Or more people are going to school, delaying marriage and staying in rentals longer.

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It also has to do with how more and more jobs are being centralized into fewer states / regions. There are lots of cheap places to live - but jobs aren't located there and most people can't work from home in that capacity. Most that can work from home in that manner, have enough income to choose to live in the city.

The death of small town economies is another factor helping to fuel all of this.

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check unemployment numbers dude. 11% very bad.

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I'm not going to pretend that doesn't carry some heavy implications, but just as specifically watching the DOW, or looking at nothing but GDP doesn't tell the full story of the economy, either does zeroing in on the unemployment rate.

Unemployment in Boise MSA is a decent bit lower at 9.2% (May 2020). That's still a pretty high unemployment rate and there ARE jobs to be had here.

Yeah they are shite, but there are jobs. Every fast food joint around me is hiring starting at $10 an hour. Would I work for that? No, but I don't have kids and I have the luxury of having a wife who likes her job a lot and can support us with that sole income. I'm not overlooking my advantageous situation, but I do understand that if my back was against the wall, I'd take whatever job I could find. Construction laborers needed $14 an hour. Shitty job working around shitty people in the heat, being low man on the totem pole, but it's a job. Call centers hiring $13 an hour. Yeah you're gonna get abused by customers that the company screwed over but it's a job. I just recently got a job with a medical equipment company changing account statuses in an office that pays $15 an hour with a raise in 3 months. Got a nice cushy chair, A/C office, nice bathrooms, etc. In the middle of a recession. So please don't give me that BS about there are no jobs. There are jobs, entitled people just won't work them, even to the detriment of their families.

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We need a well thought out UBI program - everyone gets an income floor at a level that provides a safety net in tough economic times, gives people a cushion to help start a business, pay for some education if they want, help prop up local and small town economies, gives a parent some "stay home with the kids money" so we can better raise the next generation.

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No. We would only be setting ourselves up with the next generation of the American Welfare State.

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Well, the topic is minimum wage. You obviously want to talk about a different topic

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I am talking about the topic of minimum wage. If you are trying to compare how people on the minimum wage in the 80s are doing in today's day you have to compare the same group. Roughly 15% of employees were making minimum wage man so you have to compare it to the roughly bottom 15% now. You can't ignore that most of those people aren't making the minimum wage anymore because that's actually the point

What if there was only one person left making minimum wage? Would you get it then?

If one is discussing how the people making the least amount of money arguing over time you have to take note of the fact that the group size changed. Otherwise your information is it irrelevant. Because you're not actually discussing the subject

Real life has rendered the minimum wage obsolete

hey dude. I don't disagree with what you're saying. some ppl are freeloading bigly

I can understand in some states, but 2k a month is certainly livable in some areas. Get roommates, live frugally, and don't be a minimum wage employee forever.

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Minimum wage workers cannot afford rent in any U.S. state

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What, you mean by themselves? Well duh.

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In fact, the average minimum wage worker in the U.S. would need to work almost 97 hours per week

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I work this many hours and make a hell of a lot more than minimum wage and I can hardly stay afloat with the child support, house, boat, truck, 4 wheeler, jet ski, and toy hauler note. Plus what I pay for my deer lease, my snap ons and the note on my welding rig

It’s tough out there baws someone should look out for us