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These idiots need to stop setting the minimum wage to fixed values, and set them to calculations based off GDP and localized (by county) cost of living, with an annual (or better yet quarterly) refresh on the calculation. Maybe some other variables, I'm not an economist, but the point is to have it adjust without needing constant legislative flights.
Fuck, they could agree to recalculate every decade and it would still be an improvement.
I mean it's almost like since the concept was invented we developed a way of collecting and storing information in a way where it could be constantly updated and then used as input for algorithms and math on demand, continuously.
I mean taxes and fees are a percentages as well, why would a minimum wage be a fixed amount. Changing circumstances, regionality and inflation are not new concepts for lawmakers. A fixed $25 is actually not a great idea, but I get it's better than status quo.
It should be tied to congress's salary. Every time they give themselves a pay rise, minimum wage increases proportionally. Also healthcare and pensions.
It’s cute you think a Congressperson makes money from their salary
They do make a salary and they often do vote to increase it. So their comment still makes sense.
Their other unethical to illegal money making strategies are irrelevant to what was said about minimum wage, but it'd be nice if we did something about all the insider trading and bribery
Congressional salary has been the same for the last 18 years.
Congress hasn't had a raise since 2009.
Most of them are independently wealthy and/or get their money from insider trading instead.
The comment above yours laid out the details in this bill which include automatic increases adjusting with the median national income. I think that's about as good as it could get coming from the federal government You could loby your local/ state government for additional adjustments based on COL, something i could see happening in NY, California or other high COL places. At least I could have seen in the pre-weasel reality, but who knows on this hellsphere.
Nah mate that has a chance of working, can't have that.
inb4 gop uses this calculation to set the minimum wage to like $10
Still would be a raise for some places.
County could get far too complex. By state would be fine. If counties had a set size or population that would be more reasonable, but they don't. In some states you can easily drive 3 counties over for a daily commute. In others it can take over an hour to drive out of 1 county. That alone will create inequities
Or just abolish the wage system.
Make it illegal to pay a wage. Instead make it a calculation based on the company's profits, split evenly by all employees.
Question. If you were a capitalist running small or medium company how would you adapt to that paradigm?
Call a meeting with the workers to discuss the company's finances, and then ask them to vote.
If you indexed minwage to the local affordable housing costs, there might be more interest in building some.
Unfortunately Federal minimum wage is not going to do locality calculations, that has to come down to locality or state intervention. And thats not discounting the fact that a federal minimum is obviously going to have a direct hand in blanket changes