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Minimum Wage will never be enough; we need a Living Wage

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.

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