Pick up any newspaper or listen to any talking head and you will likely hear those words “fair wage.” They are easy to say, so what is it?
Is a fair wage the same in New York as in Alabama? Is a fair wage what you earn when you start your first job? Is a fair wage relative, should a McDonald’s worker earn the same as a new teacher as some want to see happen?
Is a fair wage a livable wage? What’s that, certainly not $10.10 an hour or is it? Two family members earning $10.10 an hour and working full time have a household income of $42,016; that’s lower middle income, is that livable?
So, the question is, what is a fair wage?
And as an aside:
We so easily throw around buzzwords and so easily swallow the rhetoric of the day one wonders if we stop to think about what we actually mean (or the implications of getting what we want).
More and more Americans seem to get caught up with the current cause, the populist wrong that must be made right, with the herd mentality that thinking through a issue, looking at the facts is ignored. If somebody with a sign says it’s so, it must be. Go with the flow right or wrong‼️
You may debate God, but Muhammad was a real person. Your ignorance is quite real, however.


Do I think I kid at McDonalds should make as much as a teacher? No. I think that the job market should drive wages. If you have 100 ditch diggers and only 1 teacher and only have position for one digger and one teacher, I am guessing that the teacher should be paid more and the teacher will decide what a fair wage is to her as well as the ditch diggers will decide how little they will take just to be the only one working.
As far as a living wage, right or wrong, the federal government has all ready decide what that wage is. For a family of four, in order to get food stamps under the SNAP program, the income is limited to $30,008 / yr (at 130% of poverty). If the two adults are working full time jobs that is hourly wages of $7.43, which is still about the current federal wage of $7.25. Since there the defined pension plans are a thing of the past, I think that the wages should be raise by 15% to cover retirement savings which would now be a wage of $8.54 / hr. Of course nobody would actually put that extra money into long term savings.
LikeLike
Sorry for the poor grammar on my post, I am tired. I worked 12 hours today, I have to fund the government debt.
LikeLike