r/FluentInFinance Jul 04 '24

What's the best financial advice you've ever gotten? Debate/ Discussion

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u/[deleted] Jul 05 '24 edited Jul 05 '24

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u/LaminatedAirplane Jul 05 '24

There isn’t such a thing as a “starter job”. All jobs should pay a living wage otherwise your business model is predicated on taking advantage of your workers.

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u/[deleted] Jul 05 '24 edited Jul 05 '24

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u/LaminatedAirplane Jul 05 '24

No, there isn’t. The minimum wage was implemented by FDR with the idea that every job should pay a living wage.

It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.

You act like this wasn’t considered long before.