I think back to FDR and his proposal of a “living wage” not a minimum wage and I wonder to myself what it should be.
I find myself thinking that the monthly wage should be based on the average rent for a 1br apartment in your county times 3 and renewed every year.
This way it’s always matching peoples biggest (and most important) expense, housing. Is county specific AND it follows the rule that housing expenses should be 1/3rd of your income.
Let me know your thoughts.