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  1. Embed this notice
    Jay Hannah (deafferret@octodon.social)'s status on Wednesday, 15-Feb-2023 00:18:49 JST Jay Hannah Jay Hannah

    I support increasing the minimum wage, but should a national baseline be tied to the cost of a tiny studio apartment where rent is highest? I’m sitting in a 4 bedroom, 3 bath house “in the woods” and my cost of housing is lower than this: https://universeodon.com/@LadyDragonfly/109853277664537670

    In conversation Wednesday, 15-Feb-2023 00:18:49 JST from octodon.social permalink

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      ???? (@LadyDragonfly@universeodon.com)
      from ????
      INCOMING HOT TAKE - YOU HAVE BEEN WARNED. The federal minimum wage should be set to equal the following: [MinWage = (R x 3)/H/W] Where: R = Average Rent of 1BR Studio Apt H = Federally Defined Full-time Hours (40) W = Average Weeks per Month (4) Why? Because landlords require you to show that you earn 3 times the rent before they will even consider your rental application. This formula would ensure that anyone working a full-time job (or two part-time jobs) could afford to pay rent in the smallest possible sized apartment. In my area, the average rent is $1,400 for a studio/efficiency apartment. [(1400x3)/40/4 = $28.13/hr.]
    • Embed this notice
      silverwizard (silverwizard@convenient.email)'s status on Wednesday, 15-Feb-2023 00:18:48 JST silverwizard silverwizard
      in reply to
      @deafferret Honestly?
      Why shouldn't the minimum wage cover living anywhere? I mean - the minimum wage seems like it should be a reasonable living wage?

      You might argue that rent speculation might be a different place to fight that - but it seems wrong to be like "the minimum wage shouldn't cover rent"
      In conversation Wednesday, 15-Feb-2023 00:18:48 JST permalink
    • Embed this notice
      silverwizard (silverwizard@convenient.email)'s status on Wednesday, 15-Feb-2023 00:48:13 JST silverwizard silverwizard
      in reply to
      • silverwizard
      @deafferret So I've always been in favour of a UBI based on a per-county goods market basket - and the UBI is the amount in that basket, with a centrally mandated basket of goods

      But I think it's ok to let people in Nebraska be a little richer?
      In conversation Wednesday, 15-Feb-2023 00:48:13 JST permalink
    • Embed this notice
      Jay Hannah (deafferret@octodon.social)'s status on Wednesday, 15-Feb-2023 00:48:14 JST Jay Hannah Jay Hannah
      in reply to
      • silverwizard

      @silverwizard the minimum wage should be a living wage. Housing, food, clothing, medical, education.

      But NYC and SF are waaaay more out of whack than Omaha, Nebraska where I live. So a federal minimum wage based on NYC would be propping up those insane housing valuations, further enriching those landowners. Those valuations, rent prices should collapse.

      I think some version of this formula could work. But locally, not nationally. Punish Omaha’s city council and mayor for not building enough affordable housing here. Don’t try to punish Omaha for NYC’s insanity. We can’t possibly afford that.

      In conversation Wednesday, 15-Feb-2023 00:48:14 JST permalink

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