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Democrats want to make the minimum wage $17 an hour and give nearly 28 million workers a raise (www.businessinsider.com)

submitted 2 years ago by [email protected] to c/[email protected]

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cross-posted from: https://infosec.pub/post/916523

Sen. Bernie Sanders is once again calling for a higher federal minimum wage. The current rate has been $7.25 since 2009.

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[–] [email protected] 5 points 2 years ago (3 children)

Something I don't understand is why is a specific number tied to the minimum wage. Is there not a legitimate mathematical way to calculate "minimum wage" depending on where you live and your local economy?

[–] KapiteinPoffertje 3 points 2 years ago (1 children)

In Europe it is almost always tied to the inflation number and automatically updated every year.

[–] [email protected] 2 points 2 years ago

It varies wildly between countries in Europe. There are initiatives to have some sort of common baseline though.

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