this post was submitted on 02 Jul 2024
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Housing Bubble 2: Return of the Ugly
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Sounds good. And Congress should be paid minimum wage (meaning that minimum wage needs to be raised).
That would make it so that 1) only independently wealthy people make up congress and/or 2) congress would be highly susceptible to bribery.
I kind of wish that people could vote on their wages though. Like instead of congress just voting to give themselves a raise, each congress person needed to present on why they would deserve it which is then voted on by the public.
Do we have more than a couple people in Congress that were not already rich when they started running their campaign?
Please read where I said minimum wage needs to be raised.
I agree that minimum wage should be raised and should provide a basic standard of living.
I worry that if the wage isn't an attractor or the same skills have significantly higher value in the private sector, then the right people will be less likely to want to do it. And not out of selfishness, but out of wanting to provide more than the basic standard of living for their family.
It's hard to justify passion work even if it pays livable wages (which an increased minimum wage should) if you might work fewer hours for more money and have more time to spend with your family.