America Needs A Living Wage

There’s numerous ways we can go about addressing this. We can begin by setting percentage caps for CEO pay. 300x’s or 400x’s the pay of the average worker is ridiculous and irresponsible toward the workers who the companies rely on, and completely out of touch with what those workers are required to make per hour to just simply get by.

Small businesses will be taken into account. I don’t want to see small businesses get hurt or become in solvent just because we’re asking them to toe the line of merit and affordability for the working class. Subsidies and incentives will need to be used, along with doing all of this incrementally. I’m proposing we raise the minimum wage five dollars per year; $7.25 to $12, $12-$17, $17-$22. Then we index the minimum wage with the cost of living, so we never have this level of discrepancy again.

There are other aspects of our economy that can be reconfigured to strengthen middle class of America. Things like taxing corporations, and billionaires the way we used to, back during time periods of middle class, prosperity, like what we saw under Eisenhower. Similar to back when the tax structure actually worked for and favored the average citizen and not the mega rich trillionaire oligarchs.

There are all sorts of ways to go about this, and these are simply off of the top of my head. But one thing is certain here: American workers are working two, sometimes three jobs just to make ends meet and this isn’t sustainable. people are breaking and it’s no wonder. When we spend every waking minute working just so we can survive, that’s no longer called working. That’s called slavery and we need to fix this for all of us.

Paying people a living wage, makes their lives better, puts the buying power back into the hands of the working class, and makes the economy stronger, because the velocity of money has been increased, people would actually be out buying things, and the economy and entirety of the country would migrate upward and get better.