Discover and read the best of Twitter Threads about #TrickleUpEconomics
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Minimum Wage: My argument for why it needs to be raised and the tough love it will take for businesses to adopt the increase.
1. The Poverty Level Cost of Living is above that of a minimal wage earner. Has been since late 2008 - 2018.
1. The Poverty Level Cost of Living is above that of a minimal wage earner. Has been since late 2008 - 2018.
#2 #TrickleDownEconomics doesn't work. Not when the costs of living are higher than the earnable income of a working poverty level family.
#TrickleUpEconomics works because the minimal earners can beat the minimal expenses of a POVERTY level AMERICAN FAMILY. (caps for a reason)
#TrickleUpEconomics works because the minimal earners can beat the minimal expenses of a POVERTY level AMERICAN FAMILY. (caps for a reason)
The AU Fair Work Commission has handed down it's annual ruling on Australia's minimum wage, raising it by 2.4 per cent to $672.70 a week. It means an extra $15.80 per week for the 1.8 million workers who are paid the minimum wage. This equates to a minimum hourly rate of $17.70
