This historical relevance and application of an Entry Level Wage should not be set aside for the narrow view that suggest equity should exist between what has become known as a Living Wage (LW) and the Minimum Wage (MW); the idea ignores a critical distinction and merely serves to ease political-expedience.
Currently, with a National Labor Participation Rate softly at 63 percent how sustainable is it to use the Minimum (Entry) Wage as a tool for creating a sustainable Living Wage. Surely there is cause to Index MW for inflation however any argument in favor of the LW/MW movement ignores just how irrational it is to believe Low Tier Jobs are capable (or even favorable) of supporting nearly 40% of the Labor Pool; doing so will only serve as a justification accelerating the Downwardly Mobile Drive toward further Economic Deprivation.
Does anyone really want an increase in the Job Market to occur by expanding Low-Wage/Low-Skilled employment and greater Government Dependency? Seriously; is this the best possible option? Of course not!
The following are a select group of responses to questions/comments received after the original article was published. We believe you will find them of interest.
#1: Not unlike the theology behind Obamacare, the idea of lowering the standards of expectation as a mechanism for reducing standards of performance is abhorrent and counter-productive. Promoting starvation, as a way to control food costs, (metaphorically speaking) is a magnificently idiotic policy stance.
Curtis C. Greco, Founder