Upon inception it was set at $0.25. It is now $7.25.

        • trailing9@lemmy.ml
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          3 年前

          Because I am not convinced by their arguments. It makes sense if you accept a minimum of unemployed people. But why should society settle for that? Employ everybody and find another way to prevent wages from rising too high.

          • idiomaddict@feddit.de
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            3 年前

            But the workers don’t currently have either- lowering or removing the minimum wage might reduce the unemployment rate, but those jobs are not going to be paid at a livable rate. Currently more theft is wage theft committed by companies against workers, they’re already using the power they have against workers. There’s already a clear divide between union and nonunion blue collar benefits and wages: if there were a textbook play of economic principles, all nonunion blue collar employees would quit and join union companies or form their own.

            • trailing9@lemmy.ml
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              3 年前

              Having neither, it’s the same as the saying about liberty and security. If you don’t seek employment for all then you won’t get minimum wage.

              Let the people decide what a livable wage is. A bad job is better than no job. They can still refuse to work.

              Of course, without new ideas, things don’t change. Not the workers but the companies need a reason for full employment.

              • idiomaddict@feddit.de
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                3 年前

                Let the people decide what a livable wage is. A bad job is better than no job. They can still refuse to work.

                The people have a gun to their head. If they’re not eligible for unemployment because a $3/hour job is available, they’ll take it not to starve to death. That doesn’t make it a free or advantageous choice.