Comment on How To Structure Society Around Living Wage Rates?

Monarque@wolfballs.com ⁨1⁩ ⁨year⁩ ago

It does not make that much sense to me that the actual living wage is $24/hour.

There really is no such thing as a single living wage that makes sense for the whole of the US. This makes even less sense for the entirety of Europe. Of course, EU regulations on wages do not affect every part of it, but it is the fact that they do have a single interest rate for the whole of the EU, which grossly impacts local real estate markets and the likes.

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