Will $10 Minimum Wage Get All Working Americans Out of Poverty?

[Coyotl]

Feb 21, 2014

The Real News does the math with a single mother, who works for McDonalds, to find out if a potential wage increase will keep up with her cost of living

[hobbit709]

1. Rent in Austin has gotten so high the 40hrsx$10 still leaves you under an overpass.

[dotymed]

2. The CBO (obviously influenced by Koch money)

is totally ignoring history.
Historically when wages rise for the lower class (what a country) there is an increase in jobs.
IDK, maybe these wonderful "free trade agreements" have changed that. I am not going to Mexico for fast food though.

[jwirr]

3. This is excellent BUT there is a glaring err. When they looked at her $10.10 earnings they included

the full $300+ food stamp grant. She will not get that much food stamps when she gets the raise. Food stamps are cut every time you make more money. You are required to report any raise . So unless there is provisions in the bill to raise the eligibility requirements for foods stamps. She is not above the poverty line.

It amazes me that none of the experts in this video recognize that.

[Coyotl]

4. Good point. Food stamps could be in the fed bill still.

Harry Reid brings it up next month.

[jwirr]

5. Someone needs to educate these legislators. My guess is they have no idea.

[Spitfire of ATJ]

6. The selling point to Republicans is to get people off food stamps....

....and HOPE they don't realize you are shifting the burden to the EMPLOYER.

After all. It's not the employer's responsibility to provide an employee with SQUAT.

Oh,....and in all of this shifting things around it doesn't MATTER if it makes it so the workers end up where they started.

Hell, if they do the Republicans would consider it a good plan.

Wouldn't want the scum at the bottom to rise up any,...would we...

[stillcool]

7. no. and in republican logic.

Why bother? Actually people logic. If it doesn't cure all it's meaningless, or selling out.

[MrMickeysMom]

8. Fight like hell for $20 minimum… cause it ain't even minimum!

Every argument should be made for this, in light of the failure of our first "stimulus" under Obama, which failed to do more than limit the severe damages after the American people bailed out Wall Street.

The time for iterative processes, like holding out a bowl for more gruel, is OVER…