{"id":1565,"date":"2019-08-04T17:02:03","date_gmt":"2019-08-04T23:02:03","guid":{"rendered":"https:\/\/stardel.com\/eg\/?p=1565"},"modified":"2019-08-04T17:02:13","modified_gmt":"2019-08-04T23:02:13","slug":"minimal-wage","status":"publish","type":"post","link":"https:\/\/stardel.com\/eg\/2019\/08\/minimal-wage\/","title":{"rendered":"Minimal Wage"},"content":{"rendered":"\n<p>Once again the discussion of minimum wage is coming to the forefront of political discussion. There is a lot of vocal support for a $15 an hour minimum wage. I think that is a few dollars more per hour than necessary for a <em>national <\/em>minimum  wage. <\/p>\n\n\n\n<p>A minimum wage should be able to provide the wage earner with a basic living wage. The national poverty level for a family of four is in the neighborhood of $24,000 a year. A person working full-time, 40 hours a week, 50 weeks a year will work 2,000 hours a year. Using these numbers, $12 an hour is a reasonable <em>minimum<\/em> wage &#8211; nationally. <\/p>\n\n\n\n<p>Now, within some urban areas (<a href=\"https:\/\/en.wikipedia.org\/wiki\/Metropolitan_statistical_area\">Metropolitan Statistical Areas<\/a>) the effective poverty level for a family of four is much greater than national level and it would be very appropriate to tie the minimum wage to HUD&#8217;s <a href=\"https:\/\/www.huduser.gov\/portal\/datasets\/il\/il2018\/2018summary.odn\">Extremely Low Income<\/a> for a family of four for an area, or to the national poverty level for a family of four, whichever is greater. Such that, in <a href=\"https:\/\/www.huduser.gov\/portal\/datasets\/il\/il2018\/2018summary.odn\">San Francisco, the ELI<\/a> for a family of 4 is $44,000 so a minimum wage for that area should be $22 an hour. In <a href=\"https:\/\/www.huduser.gov\/portal\/datasets\/il\/il2018\/2018summary.odn\">Seattle, the ELI<\/a> is $32,100, which would lead to a $16.50 per hour minimum wage. In the <a href=\"https:\/\/www.huduser.gov\/portal\/datasets\/il\/il2018\/2018summary.odn\">Bronx, the ELI<\/a> is $31,300, which will lead to a $15.65 per hour minimum wage. <\/p>\n\n\n\n<p>We have the facts and figures derived from the various government departments that track this data, such as the Census Bureau, HUD, Social Security, the Fed, HHS, etc. Let&#8217;s use this data responsibly and keep on top of the growing economy and the wage gap.   And the numbers can change every year as the economy grows and we don&#8217;t strand people at an old wage for many years while the politicians pontificate. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Once again the discussion of minimum wage is coming to the forefront of political discussion. There is a lot of vocal support for a $15 an hour minimum wage. I think that is a few dollars more per hour than necessary for a national minimum wage. A minimum wage should be able to provide the &hellip; <a href=\"https:\/\/stardel.com\/eg\/2019\/08\/minimal-wage\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Minimal Wage<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4,12],"tags":[],"class_list":["post-1565","post","type-post","status-publish","format-standard","hentry","category-economics","category-politics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4NpF-pf","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/1565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/comments?post=1565"}],"version-history":[{"count":1,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/1565\/revisions"}],"predecessor-version":[{"id":1566,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/1565\/revisions\/1566"}],"wp:attachment":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/media?parent=1565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/categories?post=1565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/tags?post=1565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}