I think I wasn't clear enough. If a company markets a product and minimum wage goes up that company has to raise the price of the product to cover that raise. So minimum wage increases 10%, product goes up 10%, in general cost of living goes up 10% and very shortly the minimum wage worker didn't gain anything at all from the raise and may have lost it all when costs get to the point where to compete a company moves some or all of it's operation off shore.
When we were starting out we did what we had to do TO MAKE IT. We did not have a TV, fancy car, jet ski, or 4 wheeler. I came home from work and did repairs on the old POS I was driving. The kids came first. We didn't take vacations. When I did have a "vacation" it was home to dads farm where we milked cows and butchered a steer. We didn't have this "have to have it now" mentality. I joined the Army. We didn't buy a TV until I made Sgt. Didn't buy any real toys for us grown ups until I made SSG and that was a fishing boat that the entire family could enjoy. We darn sure didn't pay for baby sitters so we could go out and party at the clubs. Sure some of my peers did and they were always having money troubles. We made sure that there was always food on the table, clothing on our backs, roof over our heads first. Were there things I wanted? Sure. Funny thing is now that I can afford em I don't want em anymore.
You ask how much an hour I can live on. What is your idea of living. Is it the basic roof/food/clothing? Or is it the jetski, 4 wheeler, new car and clubbing? OH I forgot the Iphone thing too. Just gotta have the 600 buck phone.
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