For the love of god, increase it to something reasonable then implement yearly increases based on inflation so that I never have to hear about this again.
Minimum wage should not be voted on by congress. It should be pegged to cost of living by region. The government already does all this measuring of cost of living by region. Make the minimum 125% of cost of living and be done with it. It’s clear congress can’t handle the task.
For reference, the cost of living doubles every 25 to 30 years. $7.25 in 2024 is worth less than $5 in 2009 money. Less than the $5.15 that was the previous minimum wage.
I remember the McDonald's I worked at gave everyone raises right before minimum wage went up to 7.25 to make it seem like it was their choice.
I was struggling to make ends meet back then. I had a shitty car and tiny apartment with a roommate and just scraped by. No fucking clue how people are making it work today. I have a decent job now and I'm still just scraping by.
$7.25 in 2009 is worth $10.62 today.
$4.95 in 2009 is worth $7.25 today.
In effect, the value of federal minimum wage has decreased by 31% in the last 15 years, since a dollar today only buys 69% of what it did in 2009, on average (as defined by the consumer price index)
This is wild. Especially since the US separates tippable jobs.
I just looked this up. $7,25 is 6,68€
In Germany minimum wage is 12,41€ ($13,47) as of its last adjustment Jan 24. Thats f*cking DOUBLE. Further adjustments are already planned. And there is no difference between wait staff and other workers.
Here the leading argument is, that one full time job on minimum wage should provide you the minimum you need to live on. You can not live on 7,25 working only 40h a week, can you?
we should tie the hourly minimum wage to the cost of spending one minute in a hospital bed. Maybe that'll get Republicans on board with free healthcare.
We need to stop looking at minimum wage as a set number across the country, It creates a wage disparity for the working class. A livable wage in Alabama would not be a livable wage in California, a livable wage in California would be an insane wage in a place like Alabama.
The minimum wage needs to be directly tied with median housing costs either at the state level or at the county level. The wage needs to be set where housing would only comprise of a max of 30% of income. So at 30% if the median rent is $2000 per month, the livable wage in that area would be set at about $6700 a month, or about $42 an hour. This would help control housing costs as well as keep wages livable.
You should have gone to school, you could've learned a trade
But you laid in the bed where the bums have laid
Now all the time you're crying that you're underpaid
It's like that (what?) and that's the way it is
Huh!
...not to sing the praises of minimum wage, but if it kept pace with inflation from when i was compensated accordingly it'd be $8.05 today; if it kept pace with its inception hourly folks today would be paid $5.57...
You should have gone to school, you could've learned a trade
But you laid in the bed where the bums have laid
Now all the time you're crying that you're underpaid
It's like that (what?) and that's the way it is
Huh!