I’ve survived the last 25 years by living in shit poor neighborhoods and commuting to work in wealthy areas of the city. It’s far from ideal, and I’ve barely saved 1/10 of what I’d need to retire.
I’m in complete agreement that our system is fucked.
That’s because you keep writing minimum wage as if there’s one. The federal minimum wage, which is what we’re talking about, is designed to keep the states with the lowest cost of living at a livable wage. States have their own minimum wage that should be adjusted to the cost of living in their respective states.
For example, the federal minimum wage is currently $7.25/hr. NY state minimum wage is $16.50/hr.
At this point I can’t understand if you’re being willfully ignorant of the fact that is the minimum wage in America, under the flsa law, or you need to get your money back for that economics class.
Correct. The states set their minimum wage above the poverty line in their respective state, which is why the federal minimum wage is based on the states with the lowest cost of living and not the national mean or median.
I’m done trying to teach you a simple concept. I wish you luck figuring it out on your own.
I’ve survived the last 25 years by living in shit poor neighborhoods and commuting to work in wealthy areas of the city. It’s far from ideal, and I’ve barely saved 1/10 of what I’d need to retire.
I’m in complete agreement that our system is fucked.
Which is why it’s so odd how against you are at actually raising it to a proper level…
I’ve typed it out several times. I hope you don’t mind me linking a more complete explanation.
https://lemmy.world/comment/16409180
Yes I know and they continue to miss the point of the mining wage as the floor for the entire country.
And also ignores every source I’ve brought in…
That’s because you keep writing minimum wage as if there’s one. The federal minimum wage, which is what we’re talking about, is designed to keep the states with the lowest cost of living at a livable wage. States have their own minimum wage that should be adjusted to the cost of living in their respective states.
For example, the federal minimum wage is currently $7.25/hr. NY state minimum wage is $16.50/hr.
https://www.dol.gov/agencies/whd/flsa
https://www.dol.gov/agencies/whd/minimum-wage
At this point I can’t understand if you’re being willfully ignorant of the fact that is the minimum wage in America, under the flsa law, or you need to get your money back for that economics class.
That’s federal minimum wage. This is an example of a state minimum wage.
https://dol.ny.gov/minimum-wage-0
Which doesn’t matter as the federal one is the one being discussed and what the states can’t go under.
Seriously get that course refunded
Correct. The states set their minimum wage above the poverty line in their respective state, which is why the federal minimum wage is based on the states with the lowest cost of living and not the national mean or median.
I’m done trying to teach you a simple concept. I wish you luck figuring it out on your own.