View Single Post
Old 06-20-2022, 12:47 PM   #4585
GGG
Franchise Player
 
GGG's Avatar
 
Join Date: Aug 2008
Location: California
Exp:
Default

Quote:
Originally Posted by nfotiu View Post
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.
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

Last edited by GGG; 06-20-2022 at 01:00 PM.
GGG is offline  
The Following User Says Thank You to GGG For This Useful Post: