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Topic	Let's see if we cn get every minimum wage job to pay 20 per hour.
adjl 12/27/22 2:36:14 PM #6:	wolfy42 posted... Not sure what the solution is, but just raising min wage isn't really helping alot of people and it's hurting many of them. Step 1: Gather the entire executive suites and boards of every oil company, agricultural company, property development company, utility company, and any other company that is directly fuelling the cost of living crisis under the pretense of compensating for inflation that they're single-handedly creating for the sake of sating their unbridled, unjustifiable greed Step 2: Guillotine Step 3: Profit! More reasonably, the main thing that needs to happen is to tie minimum wage to the cost of living directly, rather than trying to define a flat figure in a delayed effort to catch up to growing costs. Something like "Minimum wage for a position must be enough for full-time work to provide three times the cost of renting and supplying utilities to one third of a median 3-bedroom apartment within a 30-minute walk of that position's location," or a similar policy for a 30-minute drive (in typical traffic for the position's start/end times) that also covers the cost of owning and operating a car (and maybe another one for transit). Throw in some provisions for food costs as well to keep those down, and you've got a self-regulating system: If rent gets too high, businesses will have to move elsewhere to be able to pay their staff, which drives rents and property values down because areas with fewer nearby businesses are less attractive than those with more, which enables more businesses to move in. That would also require a lot of re-zoning to have more mixed commercial/residential land in places dominated by single-family homes (which should not make up entire districts because suburbs are stupid), and probably more investment in non-car transportation infrastructure. Another potential element of that is to introduce rent regulations that require landlords to operate a certain number of properties that qualify as "affordable," defining that based on regional median income. Renting in general needs some major reforms, though, since the whole market is just catastrophically unsustainable. Alternatively, UBI. That's actually the better option than anything to do with minimum wage, since it makes it much easier for small businesses and other businesses that actually try to be good places to work to establish themselves. --- This is my signature. It exists to keep people from skipping the last line of my posts. <cite>adjl posted [p:970440925] in Let's see ... [t:80291633]...</cite> <quote>wolfy42 posted... </cite><quote>Not sure what the solution is, but just raising min wage isn't really helping alot of people and it's hurting many of them.</quote>Step 1: Gather the entire executive suites and boards of every oil company, agricultural company, property development company, utility company, and any other company that is directly fuelling the cost of living crisis under the pretense of compensating for inflation that they're single-handedly creating for the sake of sating their unbridled, unjustifiable greedStep 2: GuillotineStep 3: Profit!More reasonably, the main thing that needs to happen is to tie minimum wage to the cost of living directly, rather than trying to define a flat figure in a delayed effort to catch up to growing costs. Something like "Minimum wage for a position must be enough for full-time work to provide three times the cost of renting and supplying utilities to one third of a median 3-bedroom apartment within a 30-minute walk of that position's location," or a similar policy for a 30-minute drive (in typical traffic for the position's start/end times) that also covers the cost of owning and operating a car (and maybe another one for transit). Throw in some provisions for food costs as well to keep those down, and you've got a self-regulating system: If rent gets too high, businesses will have to move elsewhere to be able to pay their staff, which drives rents and property values down because areas with fewer nearby businesses are less attractive than those with more, which enables more businesses to move in. That would also require a lot of re-zoning to have more mixed commercial/residential land in places dominated by single-family homes (which should not make up entire districts because suburbs are stupid), and probably more investment in non-car transportation infrastructure.Another potential element of that is to introduce rent regulations that require landlords to operate a certain number of properties that qualify as "affordable," defining that based on regional median income. Renting in general needs some major reforms, though, since the whole market is just catastrophically unsustainable.Alternatively, UBI. That's actually the better option than anything to do with minimum wage, since it makes it much easier for small businesses and other businesses that actually try to be good places to work to establish themselves. --- This is my signature. It exists to keep people from skipping the last line of my posts.</quote> ... Copied to Clipboard!
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