Yes Joe, I was asking a real question.
Danni just referenced the minimum wage in 1968.
If we just place the minimum wage today to account for the inflation since 1968 then we would have to increase the wage to whatever figure she presented.
Personally, I think those figures should be regional in nature due to the massive differences in cost of living throughout our country....but let's set that aside for now.
So, let's go back to 1968. If the minimum wage was fair back then.......then the folks earning it in 1968 wouldn't have needed the very govt assistance you're asserting wouldn't be necessary today if we paid them the proper cost of living adjusted minimum wage today.
IOW, if we pay less than $12 an hour to minimum skilled workers in most of this country(or where most of them live)...then you think those same folks won't need the same assistance we're giving them now?
that's crap. they are still poor at that wage in most places. they still need healthcare, housing assistance, etc...all the same stuff you believe won't be necessary if we just pay them more.
What I'm saying is that you can't outrun the economic and financial reality that the bottom 20% in this country will ALWAYS need that assistance.
The only other way around it is to freeze the costs of housing, food, clothing, healthcare, and transportation. Can we do that? Of course not...they will inflate and inflate even more if we pay them more.....it's a cycle you can't outrun.
I agree with the cost of living adjustments suggested on minimum wage.....let's do it....but it won't solve those problems.