We don't live in a capitalistic society. If we did, all those banks would have failed and our tax dollars wouldn't have bailed them out. Our tax dollars would not provide benefits to corporations either. And our immigration wouldn't have increased to make up for our lower birth rate which would have raised the low skilled wages to much more than they are today.
A good solution to this is for people to not go to their business. Support living wage jobs for low wage workers.
Okay, I'm going to ask this question again - I've tried many times on many threads, and I never get an answer. One more shot, here's the (very typical) scenario:
We have a McDonald's in a city, county and state in which the cost of living is average for the country. At the low end of the pay scale, we have the following three people:
Mike, who is single and 18 and living with Mom & Dad. All his needs are paid for and he just wants some extra cash for the next four years of college.
John, who is 24 and never really gotten his act together. He is single but has run up credit card bills and online personal loans, he definitely likes to buy some weed now and then and needs to make quite a bit more than Mike.
Jeff, who is 32 with a wife and two kids to support. He just wants to take care of his family.
Each of them just got hired on at the low end of the totem pole. Their job is to put the salt on the french fries.
There's the scenario. What would you say the "living wage" should be? How much per hour?
$10? $12? $15? $20?
.