Quote:
Originally Posted by nfotiu
That’s probably the right amount with some kind of escalator over time. A policy like that takes into account local economies is a good option. Bernie loudly saying $15 across the board is the only acceptable solution is stalling any ability to develop a sound policy of getting a desirable income of helping people without the unintended consequences.
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Somewhere in one of these minimum wage threads (actually a few times) someone has posted the answer to this question.
It’s something like 60% of median wage should be minimum.
Edit:
https://noahpinion.substack.com/p/wh...is-pretty-safe
Pretty good article which links to the research it’s based on
Mississippi weekly wage is 843 which based on a 40hr week is 21 which would put 60% at 12.50 or so. With a 35hr average work week it would be $14.50