this post was submitted on 30 Jun 2023
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A Boring Dystopia
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The US really needs a minimum wage. Without it this will never stop.
... But we do have one... It's just very... Minimal.
Minimum should mean minimum amount necessary to live a (dignified) life, not simply the minimum amount.
Any minimum wage should be pegged to a cost of living index.
And this is why it will never stop.
Let's call it "livable minimum wage" or this discussion will never end.
Minimum wage limits need to be set by an NGO independent body. The UK uses a living wage criteria. My opinion that even the voluntary real living wage is set too low atm. This also does not take into account for the rent increases that are hitting kids due to interest rate rises. Even so, I still see this as a massive leap over the shambles that the US is. The current government is trying extremely hard to implement US limits in the UK.
Switzerland doesn't have a minimum wage either, but the problems aren't as dire (yet). Several cantons have however now introduced minimum wages and these are inflation adjusted, so a lot more future proof. Also they don't need to be renegotiated again and again as the law doesn't expire. I only see them disappear if we get a nationwide solution that replaces the local ones. But I agree with you: They are now set by the legislature and arbitrary and they should be informed with NGO data.