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View Diary: Obama gets behind $10.10 minimum wage bill (115 comments)

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  •  This is the way "living wage" is defined (0+ / 0-)

    in the United States.  It doesn't provide a concrete formula for arriving at the amount:

    A living wage is a wage which is based upon the cost of living in an area, rather than an arbitrary minimum. Under an ideal living wage, someone who works an ordinary 40 hour per week job would be able to afford shelter, food, health care, and other basic necessities of life. The amount of a living wage could potentially vary quite a bit, as standards of living are different in different parts of the [country], and the overall cost of living is also subject to extreme fluctuation.

    "In this world of sin and sorrow there is always something to be thankful for; as for me, I rejoice that I am not a Republican." - H. L. Mencken

    by SueDe on Fri Nov 08, 2013 at 08:25:54 AM PST

    [ Parent ]

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