| ▲ | adventured 5 hours ago |
| Except nobody earns the minimum wage today, it's less than 1/2 of 1% of US labor. The median full-time wage is now $62,000. You can start at $13 at almost any national retailer, and $15 or above at CVS / Walgreens / Costco. The cashier positions require zero work background, zero skill, zero education. You can make $11-$13 at what are considered bad jobs, like flipping pizzas at Little Caesars. |
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| ▲ | jfindper 4 hours ago | parent | next [-] |
| >You can make $11-$13 at what are considered bad jobs, like flipping pizzas at Little Caesars. Holy moly! 11 whole dollars an hour!? Okay, so we went from $4.25 to $11.00. That's a 159% change. Awesome! Now, lets look at... School, perhaps? So I can maybe skill-up out of Little Caesars and start building a slightly more comfortable life. Median in-state tuition in 1995: $2,681. Median in-state tuation in 2025: $11,610. Wait a second! That's a 333% change. Uh oh. Should we do the same calculation with housing...? Sure, I love making myself more depressed. 1995: $114,600. 2025: $522,200. 356% change. Fuck. |
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| ▲ | reissbaker 4 minutes ago | parent | next [-] | | This will probably be an unpopular reply, but "real median household income" — aka, inflation-adjusted median income — has steadily risen since the 90s and is currently at an all-time high in the United States. [1] Inflation includes the cost of housing (by measuring the cost of rent). However, we are living through a housing supply crisis, and while overall cost of living hasn't gone up, housing's share of that has massively multiplied. We would all be living much richer lives if we could bring down the cost of housing — or at least have it flatline, and let inflation take care of the rest. 1: https://fred.stlouisfed.org/series/MEHOINUSA672N | |
| ▲ | AnthonyMouse 2 hours ago | parent | prev | next [-] | | You're identifying the right problem (school and housing costs are completely out of hand) but then resorting to an ineffective solution (minimum wage) when what you actually need is to get those costs back down. The easy way to realize this is to notice that the median wage has increased by proportionally less than the federal minimum wage has. The people in the middle can't afford school or housing either. And what happens if you increase the minimum wage faster than overall wages? Costs go up even more, and so does unemployment when small businesses who are also paying those high real estate costs now also have to pay a higher minimum wage. You're basically requesting the annihilation of the middle class. Whereas you make housing cost less and that helps the people at the bottom and the people in the middle. | | |
| ▲ | jfindper 2 hours ago | parent [-] | | >resorting to an ineffective solution (minimum wage) when what you actually need is to get those costs back down. I'm not really resorting to any solution. My comment is pointing out that when you only do one side of the equation (income) without considering the other side (expenses), it's worthless. Especially when you are trying to make a comparison across years. How we go about fixing the problem, if we ever do, is another conversation. But my original comment doesn't attempt to suggest any solution, especially not one that "requests the annihilation of the middle class". It's solely to point out that adventured's comment is a bunch of meaningless numbers. | | |
| ▲ | AnthonyMouse 2 hours ago | parent [-] | | > It's solely to point out that adventured's comment is a bunch of meaningless numbers. The point of that comment was to point out that minimum wage is irrelevant because basically nobody makes that anyway; even the entry-level jobs pay more than the federal minimum wage. In that context, arguing that the higher-than-minimum wages people are actually getting still aren't sufficient implies an argument that the minimum wage should be higher than that. And people could read it that way even if it's not what you intended. So what I'm pointing out is that that's the wrong solution and doing that rather than addressing the real issue (high costs) is the thing that destroys the middle class. | | |
| ▲ | jfindper 2 hours ago | parent [-] | | >implies an argument that the minimum wage should be higher than that. It can also imply that expenses should come down, you just picked the implication you want to argue against. | | |
| ▲ | AnthonyMouse 2 hours ago | parent [-] | | Exactly. When it's ambiguous at best it's important that people not try to follow the bad fork. | | |
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| ▲ | genewitch 3 hours ago | parent | prev | next [-] | | 1980 mustang vs 2025 mustang is what i usually use. in the past 12 years my price per KWh electricity costs have doubled. in the mid 90s you could open a CD (certificate of deposit at a bank or credit union) and get 9% or more APY. savings accounts had ~4% interest. in the mid 90s a gallon of gasoline in Los Angeles county was $0.899 in the summer and less than that any other time. It's closer to $4.50 now. | |
| ▲ | mrits 3 hours ago | parent | prev [-] | | The BBQ place across the street from me pays $19/hour to be a cashier in Austin. Or the sign says it does anyways | | |
| ▲ | mossTechnician 2 hours ago | parent | next [-] | | Does the sign happen to have the words "up to" before the dollar amount? | |
| ▲ | jfindper 3 hours ago | parent | prev [-] | | sweet! according to austintexas.gov, that's only $2.63 below the 2024 living wage. $5.55 below, if you use the MIT numbers for 2025. As long as you don't run into anything unforseen like medical expenses, car breakdowns, etc., you can almost afford a bare-bones, mediocre life with no retirement savings. | | |
| ▲ | hylaride 6 minutes ago | parent [-] | | I don't disagree that there has been a huge issue with stagnant wages, but not everybody who works minimum wage needs to make a living wage. Some are teenagers, people just looking for part time work, etc. Pushing up minimum wage too high can risk destroying jobs that are uneconomical at that level that could have been better than nothing for many people. That being said, there's been an enormous push by various business groups to do everything they can to keep wages low. It's a complicated issue and one can't propose solutions without acknowledging that there's a LOT of nuance... |
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| ▲ | GoatInGrey 5 hours ago | parent | prev | next [-] |
| Counterpoint: affording average rent for a 1-bedroom apartment (~$1,675) requires that exact median full-time wage. $15 an hour affords you about $740 for monthly housing expenses. One can suggest getting two roommates for a one-bedroom apartment, but they would be missing the fact that this is very unusual for the last century. It's more in line with housing economics from the early-to-mid 19th century. |
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| ▲ | mossTechnician 4 hours ago | parent | prev | next [-] |
| In addition to the other comments, I presume the big box retailers do not hire for full-time positions when they don't have to, and gig economy work is rapidly replacing jobs that used to be minimum wage. |
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| ▲ | yndoendo 4 hours ago | parent | prev | next [-] |
| My uncle was running a number of fast food restaurants for a franchise owner making millions. His statement about this topic is simple, "they are not living wage jobs ... go into manufacturing if you want a living wage". I don't like my uncle at all and find him and people like him to be terrible human beings. |
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| ▲ | The-Bus 3 hours ago | parent [-] | | If a business can't pay a living wage, it's not really a successful business. I, too, could become fabulously wealthy selling shoes if someone just have me shoes for $1 so I could resell them for $50. | | |
| ▲ | AnthonyMouse 2 hours ago | parent | next [-] | | > If a business can't pay a living wage, it's not really a successful business. Let's consider the implications of this. We take an existing successful business, change absolutely nothing about it, but separately and for unrelated reasons the local population increases and the government prohibits the construction of new housing. Now real estate is more scarce and the business has to pay higher rent, so they're making even less than before and there is nothing there for them to increase wages with. Meanwhile the wages they were paying before are now "not a living wage" because housing costs went way up. Is it this business who is morally culpable for this result, or the zoning board? | |
| ▲ | raw_anon_1111 3 hours ago | parent | prev | next [-] | | Can we use the same argument for all of the businesses that are only surviving because of VC money? I find it rich how many tech people are working for money losing companies, using technology from money losing companies and/or trying to start a money losing company and get funding from a VC. Every job is not meant to support a single person living on their own raising a family. | | |
| ▲ | dpkirchner 2 hours ago | parent [-] | | That's what VC money is for. When it comes to paying below a living wage, we typically expect the government to provide support to make up the difference (so they're not literally homeless). Businesses that rely on government to pay their employees should not exist. | | |
| ▲ | raw_anon_1111 2 hours ago | parent [-] | | That’s kind of the point, a mom and pop restaurant or a McDonald’s franchise owner doesn’t have the luxury of burning $10 for every $1 in revenue for years and being backed by VC funding. Oh and the average franchise owner is not getting rich. They are making $100K a year to $150K a year depending on how many franchises they own. Also tech companies can afford to pay a tech worker more money because you don’t have to increase the number of workers when you get more customers. YC is not going to give the aspiring fast food owner $250K to start their business like they are going to give “pets.ai - AI for dog walkers” |
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| ▲ | CamperBob2 3 hours ago | parent | prev [-] | | Classically, not all jobs are considered "living wage" jobs. That whole notion is something some people made up very recently. A teenager in his/her first job at McDonald's doesn't need a "living wage." As a result of forcing the issue, now the job doesn't exist at all in many instances... and if it does, the owner has a strong incentive to automate it away. | | |
| ▲ | autoexec 2 hours ago | parent | next [-] | | > A teenager in his/her first job at McDonald's doesn't need a "living wage." As a result of forcing the issue, now the job doesn't exist at all in many instances The majority of minimum wage workers are adults, not teenagers. This is also true for McDonald's employees. The idea that these jobs are staffed by children working summer jobs is simply not reality. Anyone working for someone else, doing literally anything for 40 hours a week, should be entitled to enough compensation to support themselves at a minimum. Any employer offering less than that is either a failed business that should die off and make room for one that's better managed or a corporation that is just using public taxpayer money to subsidize their private labor expenses. | |
| ▲ | kube-system an hour ago | parent | prev | next [-] | | A teenager is presumably also going to school full time and works their job part time, not ~2000 hours per year. If we build a society where someone working a full time job is not able to afford to reasonably survive, we are setting ourselves up for a society of crime, poverty, and disease. | |
| ▲ | swiftcoder 2 hours ago | parent | prev | next [-] | | > A teenager in his/her first job at McDonald's doesn't need a "living wage." Turns out our supply of underage workers is neither infinite, nor even sufficient to staff all fast food jobs in the nation | |
| ▲ | jfindper 2 hours ago | parent | prev | next [-] | | >A teenager in his/her first job at McDonald's doesn't need a "living wage." Wow, a completely bad-faith argument. Can you try again, but this time, try "steelman" instead of "strawman"? | |
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| ▲ | zzzeek 3 hours ago | parent | prev [-] |
| in that case it should be completely uncontroversial to raise the minimum wage and help that .5% of labor out. yet somehow, it's a non-starter. (btw, googling says the number is more like 1.1%. in 1979, 13.4% of the labor force made minimum wage. this only shows how obsolete the current minimum wage level is). |