HumblePi
DP Veteran
- Joined
- Sep 3, 2018
- Messages
- 29,253
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- Political Leaning
- Moderate
The federal minimum wage in the United States has remained at $7.25 per hour since 2009, meaning it hasn't been raised in 15 years. That would be fine if housing prices were the same as they were in 2009. That would be 'doable' if gasoline was still $1.87 a gallon as it was in 2008. $7.25 is not a living wage, it's a slave wage. Now we're going to have to find a workforce for agriculture, meat processing plants, and construction. The 'new' white work force in these fields is going to, at the very least, have to receive the minimum wage as required by law. There's no way, no how, these industries will be able to fill the vacancies left open because of ICE raids.I think the US should have a similar minimum wage to the UK.
The UK minimum wage is £12.21 so whatever that is in dollars.
Where I live in Connecticut, the average used median-priced home is selling for around $430k. Rents are even worse, a basic one-bedroom apartment or studio, is renting for $2,500 a month. The average worker can't afford to buy a home or rent an apartment for their family. It's absurd, and nearly 'indecent' that the American worker can't afford to buy a home or rent a decent apartment for a family.
'A 2021 White House study, suggest the wealthiest billionaires in the U.S. paid an average federal individual income tax rate of around 8.2 percent, lower than the average American taxpayer's rate of 13 percent in the same year.' The bill the Republicans are desperate to pass, will only exacerbate the problem of income inequality.
We will end up with poorer, low income people, trying to survive day-to-day by living in crime-riddled co-ops where drug abuse, murder and rape are prevalent. Our economy will fail without people having the money to purchase items they need. All in all, it's a lose-lose situation.