{"id":1632,"date":"2021-02-16T13:39:55","date_gmt":"2021-02-16T20:39:55","guid":{"rendered":"https:\/\/stardel.com\/eg\/?p=1632"},"modified":"2021-03-13T12:40:22","modified_gmt":"2021-03-13T19:40:22","slug":"a-minimum-wage-should-be-a-living-wage","status":"publish","type":"post","link":"https:\/\/stardel.com\/eg\/2021\/02\/a-minimum-wage-should-be-a-living-wage\/","title":{"rendered":"A minimum wage should be a living wage"},"content":{"rendered":"\n<p>In the US, the poverty level for a <a href=\"https:\/\/aspe.hhs.gov\/poverty-guidelines\">family of four is $26,500 in 2021<\/a>.<\/p>\n\n\n\n<p>Given that someone working 40 hours a week, 50 weeks a year, 2000 hours a year, should be earning, at least, a minimum, LIVING, wage, then a minimum  hourly wage of $13.25 is justified.  I suggest that this should be considered a minimum living wage for an individual-nationally. *<\/p>\n\n\n\n<p>Now there is another factor to consider, location. <a href=\"https:\/\/www.huduser.gov\/portal\/datasets\/il\/il19\/IncomeLimitsMethodology-FY19.pdf\">HUD has a extremely-low-income category that it tracks<\/a>.**  Basically, it is 30% of the <a href=\"https:\/\/www.huduser.gov\/portal\/datasets\/il\/il2020\/2020MedCalc.odn\">median income of a Metropolitan Area. <\/a> (don&#8217;t forget, median means that half of the families in the area make more than the median and half make less)<\/p>\n\n\n\n<p>Again, we will use the &#8220;family of four&#8221; as our baseline. In my home county of El Paso, Colorado, the Median Family income is $81,600. 30% of that is  $24,500 (rounded to the nearest 100). Divide by 2000 hours, that would create a Minimum wage of $12.25. Since the National Minimum is higher, the higher one applies. Any Metro area with an median family income of less than $90,000 will use the national minimum wage. (rounding results to nearest $.25) <\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Metro Area <\/td><td class=\"has-text-align-right\" data-align=\"right\">Median Family Inc<\/td><td class=\"has-text-align-right\" data-align=\"right\">Minimum Wage<\/td><\/tr><tr><td>New York City<\/td><td class=\"has-text-align-right\" data-align=\"right\">$78,700<\/td><td class=\"has-text-align-right\" data-align=\"right\">National Minimum<\/td><\/tr><tr><td>San Francisco<\/td><td class=\"has-text-align-right\" data-align=\"right\">$143,100<\/td><td class=\"has-text-align-right\" data-align=\"right\">$21.50<\/td><\/tr><tr><td>Boston<\/td><td class=\"has-text-align-right\" data-align=\"right\">$119,000<\/td><td class=\"has-text-align-right\" data-align=\"right\">$18.00<\/td><\/tr><tr><td>DC Metro<\/td><td class=\"has-text-align-right\" data-align=\"right\">$121,000<\/td><td class=\"has-text-align-right\" data-align=\"right\">$19.00<\/td><\/tr><tr><td>Chicago<\/td><td class=\"has-text-align-right\" data-align=\"right\">$91,000<\/td><td class=\"has-text-align-right\" data-align=\"right\">$13.50<\/td><\/tr><tr><td>Seattle<\/td><td class=\"has-text-align-right\" data-align=\"right\">$113,300<\/td><td class=\"has-text-align-right\" data-align=\"right\">$17.00<\/td><\/tr><tr><td>Los Angeles<\/td><td class=\"has-text-align-right\" data-align=\"right\">$77,300<\/td><td class=\"has-text-align-right\" data-align=\"right\">National Minimum<\/td><\/tr><\/tbody><\/table><figcaption>Metro Area Minimum Wages<\/figcaption><\/figure>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<p>Rather than going with a flat $15 an hour minimum wage that is being bandied about, I propose this model as one that will change as the local economy changes, growing as needed, rather than waiting for Congress do to anything.  The current annual wage of a Congressman is $174,000, ~6.6 times the Poverty Level we are basing our minimum wage on. Why don&#8217;t we keep that ratio in place and tie the Congressional wages to 6.6 times the national  poverty level for a family of four?<\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<p>*note this applies to the lower 48 states. Alaska and Hawaii have higher baseline poverty levels.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.federalregister.gov\/documents\/2020\/01\/17\/2020-00858\/annual-update-of-the-hhs-poverty-guidelines\">https:\/\/www.federalregister.gov\/documents\/2020\/01\/17\/2020-00858\/annual-update-of-the-hhs-poverty-guidelines<\/a><\/p>\n\n\n\n<p>** The FY 2014 Consolidated Appropriations Act changed the definition of extremely low-income to be the greater of 30\/50ths (60 percent) of the Section 8 very low-income limit or the poverty guideline as&nbsp;<a href=\"https:\/\/www.federalregister.gov\/documents\/2020\/01\/17\/2020-00858\/annual-update-of-the-hhs-poverty-guidelines\">established by the Department of Health and Human Services (HHS)<\/a>, provided that this amount is not greater than the Section 8 50% very low-income limit. Consequently, the extremely low income limits may equal the very low (50%) income limits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the US, the poverty level for a family of four is $26,500 in 2021. Given that someone working 40 hours a week, 50 weeks a year, 2000 hours a year, should be earning, at least, a minimum, LIVING, wage, then a minimum hourly wage of $13.25 is justified. I suggest that this should be &hellip; <a href=\"https:\/\/stardel.com\/eg\/2021\/02\/a-minimum-wage-should-be-a-living-wage\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">A minimum wage should be a living 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":[12],"tags":[52],"class_list":["post-1632","post","type-post","status-publish","format-standard","hentry","category-politics","tag-politics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p4NpF-qk","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/1632","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=1632"}],"version-history":[{"count":4,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/1632\/revisions"}],"predecessor-version":[{"id":1648,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/posts\/1632\/revisions\/1648"}],"wp:attachment":[{"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/media?parent=1632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/categories?post=1632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stardel.com\/eg\/wp-json\/wp\/v2\/tags?post=1632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}