Tortuga on Nostr: The minimum wage isn’t meant to be lived off, it’s meant to create a labor price ...
The minimum wage isn’t meant to be lived off, it’s meant to create a labor price floor.
the cost of living raising above
the labor price floor means the system of supply and demand is actually working. As it shows most labor earns much more than the minimum wage.
those who can’t afford the cost of living, are eligible for supplementary support such as food stamps, housing grants, and other assistance.
Published at
2024-06-08 20:05:37Event JSON
{
"id": "d743b51d270c9ff105618934a2f3eb76ad9bd623f86ded36eaefd48c38687db6",
"pubkey": "cc76679480a4504b963a3809cba60b458ebf068c62713621dda94b527860447d",
"created_at": 1717869937,
"kind": 1,
"tags": [
[
"e",
"ef021a94853097bf334be5ec99df1b77293f2b45d939fd6ec569a2773a753e53",
"",
"root"
],
[
"p",
"6867d899ce6b677b89052602cfe04a165f26bb6a1a6390355f497f9ee5cb0796"
]
],
"content": "The minimum wage isn’t meant to be lived off, it’s meant to create a labor price floor. \n\nthe cost of living raising above \nthe labor price floor means the system of supply and demand is actually working. As it shows most labor earns much more than the minimum wage. \n\nthose who can’t afford the cost of living, are eligible for supplementary support such as food stamps, housing grants, and other assistance.",
"sig": "5e7972a43905d505eb0b2323a8e51b66a66d61bded0c41d49a338e4d13ef27ce87aafbff88ba6bd78b3c0c18cb350abebdc110d188df8eb2764bb5f7ebcc12fb"
}