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em500 2 hours ago

> From a cursory read of their white paper, my impression is that LISEP is trying to quantify the sense that making a livable income is harder and more disparate than it used to be.

But their own defined measure shows the opposite. The first graph on their website shows that their True Rate is currently at its lowest level over the past 30 years.

tancop an hour ago | parent [-]

The point is that it's still high and stagnating. And the living wage calculation is using a CPI adjusted fixed level, so inflation that's heavy on critical sectors for lower income people (housing, fuel, groceries) will show up less than the real damage it's causing.

They set it up this way because TRU is a conservative measure designed to stand up to criticism. The true under-living-wage rate is probably even higher but that would depend on stronger assumptions that are easier to attack.