Night of the Living Living (Part 1 of 2)
Key Points
In terms of buying power, minimum wage has been on a downward trajectory since a peak in 1968 and has been far below the cost of living.
One way or another, the government makes up the expenses for people between what they are paid and what it costs to live, which has resulted in corporate welfare.
Having a Living Wage may temporarily increase unemployment, but would decrease underemployment and multiple-employment and would actually be less expensive for the government.