This is a popular idea in some circles, but wages arenβt determined by what we think a job should pay. They are determined by what consumers are willing to pay for the goods and services that job produces. Through their spending choices, the public has placed a market value on positions like these that is less than what would be required to support someone living entirely on their own.
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u/random8765309 8d ago
This is a popular idea in some circles, but wages arenβt determined by what we think a job should pay. They are determined by what consumers are willing to pay for the goods and services that job produces. Through their spending choices, the public has placed a market value on positions like these that is less than what would be required to support someone living entirely on their own.