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[return to "Americans Want to Believe Jobs Are the Solution to Poverty. They’re Not"]
1. d--b+G51[view] [source] 2018-09-12 08:55:21
>>tysone+(OP)
It seems simple enough to raise minimum wages: => tap into corporate profits that are through the roof & reduce the working poor problem. Organizing in unions would work too.

Minimum wages exist for a reason: the job market does not satisfy the conditions for making it an "equilibrium" market. As long as unions are weak, corporations can and will strong-arm the labor force into cheaper and cheaper work.

The fact that it has become a better choice to live on welfare than working with minimum wage is ridiculous.

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2. tim333+471[view] [source] 2018-09-12 09:10:32
>>d--b+G51
A problem with raising minimum wages is then marginal businesses will lay off employees. It may be better for the government to subsidise low wages by chipping in a bit on top. eg this kind of thing https://www.moneyadviceservice.org.uk/en/articles/working-ta...
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