The statistics I posted show that about two million workers are, in fact, living on them. I did quite well on rock-bottom wages as a student. I was making the current equivalent of about $13 an hour when I got married.
The real answer to your question is of course a lot more complicated. It's cheaper to live in some areas, but salaries also tend to be less in those areas. A single person could live quite well on minimum wages. A single mom with two kids? Not as easy. It's a case-by-case thing.
And raising the minimum wage isn't as important to these people as giving them the tools to do something other than minimum wage work for a living, which is a whole different issue.
Australian minimum wage is $12.75, which is a bit less than $10 US.
Off Topic » in reply to ok, you tell me then
Obviously, minimum wage is a "livable" wage.
The whole thread (50 posts)
- Competing economic models
- re: Competing economic models
- A brief digression
- re: A brief digression
- Viaje a las Estrellas: La Ira de Khan
- "Running a business is a skill, not a virtue."
- re: "Running a business is a skill, not a virtue."
- Yes, I do. Excellent example.
- re: Yes, I do. Excellent example.
- re: Excellent example.
- Senor Eastwood, meet Carter J. Burke
- BTW, Kirk in Spanish was a hoot...
- re: Excellent example.
- re: Yes, I do. Excellent example.
- Yes, I do. Excellent example.
- re: "Running a business is a skill, not a virtue."
- "Running a business is a skill, not a virtue."
- only God is free of constraints (if you believe)
- Okay, I read that one through twice.
- I was trying to remember that one
- A brief digression
- re: Competing economic models
