Why can't that be a job you do on the side for a little extra cash on the weekends? Why does every job need to provide a "living wage"?
There was an article posted on HN a while back where they said the average franchise owner makes around $40K a year - and that’s with them working 60+ hours a week. Where is the money suppose to come from?
Usually when I ask this question, I get the response that those companies don’t deserve to exist. Which is saying a lot considering how many people on HN probably work for a money losing startup living off of VC funding.
Choose one: "yes", "I want to pay higher taxes so independent adults can survive on such a wage via government assistance", "people who work 40+ hours a week so I can eat cheap burgers do not deserve to live", "I would be okay with much slower service and business hours that don't intersect with school days, as well as high local unemployment and probably homelessness."
>Where is the money suppose to come from?
Raise prices or cut other costs. If that doesn't do it, well, perhaps they should listen to you and develop more marketable skills, right? I find it weird that you arbitrarily decided on a "skill threshold" where flipping burgers isn't deserving of a livable wage, but for some reason entrepreneurship is.
So the independent pizza shop owner doesn’t deserve to be in business since they have to actually be profitable but the startup founder who can lose money for a decade supported by granddaddy VC backer does?
And by the way, up until the current administration, every Republican and Democratic administration as well as most conservative and liberal economists has said that the best and least disruptive way to support a “livable wage” for heads of household is to increase the earned income tax credit. I would add make that a reverse payroll tax to make it easier for employers to distribute it to workers during the year. Yes, I’m okay with increased taxes if necessary.
Is he working 40 hours a week? If so, then yes.
Are we better off if he can’t be in business and has to work for someone else?
