| ▲ | AnthonyMouse 2 hours ago | ||||||||||||||||||||||||||||||||||
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. | |||||||||||||||||||||||||||||||||||
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