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>>> What the aich is wrong with living paycheck to paycheck?

Living paycheck to paycheck implies that these people have no provisions to fall back on. Not like the prudent squirrels who stash nuts a bit at a time.

When SHTF, it is ALL OF US that will pay.

[My generalization does not include those already dip into their nut piles.]

And the argument just gets dumber by the second. In the local paper the debate draws 1 intelligent comment which is immediately attacked by greedy little marxists.

How much would a minimum wage hike really help? Workers weigh in

And then someone comes along and ups the ante in the stupidity arms race with this.

Yes it is simple economics. And under almost all scenarios the number of jobs decreases, which causes a labor surplus. But there is a way for society to benefit as a whole with min wage increase. This scenario is for companies that have inelastic demand. There will still be excess labor but the net dollars into the economy will be greater. But there is a much better way.

Wage subsidies will increase wages while NOT creating excess labor nor will it burden small businesses. This concept is a bit more complicated but both conservative and liberal economist agree with the conclusion. And the money spent on a wage subsidy is money "we" don't have to spend on other safety net programs. It is a win-win-win.

Politicians only care about winning the next election. That ius why they have us arguing over a stupid policy like min wage!

Nothing, paycheck to paycheck ain’t bad. Been there, done that. Tried living off my good looks didn’t work so well.

I watched as a squirrel gathered pecans and hid them. Then I noticed a crow watching from a tree above. There must be a moral here somewhere.

When the SHTF, I’ll be every man for himself. But to quote Hank Williams, Jr. “A country boy will survive”. Stay out of the urban areas and improve your chances.

Thanks for the comments.