The only real issue with this is that if you can earn a livable wage flipper burgers, what makes people want to go out and get the better, but harder jobs?
why does livable = wealthy in your eyes
you really think everyone would be satisfied living in a 1 bdrm townhouse in a dilapidated neighborhood for the rest of their lives?
That hasn't been the definition of 'livable' for quite some time.
Every time people want to show how hard it is to live on a minimum wage job, they point to a 2-bedroom apartment, adding in child care, internet, and cable.
childcare and cable i agree with, but whats wrong with considering the internet a necessity? its a primary form of communication, and required for many things in life (such as applying for jobs at larger companies)