Entrails Konfetti
14th November 2006, 01:18
Though Living Wages are designed to keep workers above the poverty level, only a local governments have contracts with businesses. According to http://www.epi.org/content.cfm/issueguides...e_livingwagefaq (http://EPI.org) there hasn't been a significant loss in profit for businesses under this because there is less spent on training since the turn-over rate is lower-- this also save businesses from downsizing.
The IWW says this struggle for LWOs has been going on ever since, and they doubt many businesses will take to this because it makes them lose a significant amount of profit.
The accounts of businesses that do take on the LWO's are small and isolated, so it's hard to imagine the effect of LWs on a larger level.
Also in Detroit typical union wages are higher than living wages.
The United States Government doesn't really know what to define poverty as, and I wonder if the poverty line would be placed higher if LWs come into effect.
I also wonder if inflation would rise, causing living wages to become minimum or prevailing wages.
The IWW says this struggle for LWOs has been going on ever since, and they doubt many businesses will take to this because it makes them lose a significant amount of profit.
The accounts of businesses that do take on the LWO's are small and isolated, so it's hard to imagine the effect of LWs on a larger level.
Also in Detroit typical union wages are higher than living wages.
The United States Government doesn't really know what to define poverty as, and I wonder if the poverty line would be placed higher if LWs come into effect.
I also wonder if inflation would rise, causing living wages to become minimum or prevailing wages.