>>It may not have been called “living wage”, but it just “was”. That’s why someone even in an unskilled job was able to buy a new car, a modest home of his own, and even put a kid through college. A “living wage” in all but name.<<
IOW you got caught.
Living Wage laws are modifications of Minimum Wage laws.
You should quit showing both your ignorance of economics and capitalism AND your support for unions and socialism/collectivism.
The market will still pay well for those who provide value. If you want automatic jobs for breathing, go to Greece — we can see how that worked for them.
Note: the 1950’s were gone 60 years ago. Just so you know.
Chill with the red-baiting already. The 1950’s were gone 60 years ago. Just so you know
freedumb2003: “Note: the 1950’s were gone 60 years ago. Just so you know.”
And the Boomers paid into the generous (and largely unearned) entitlement programs that supported the previous generations. After all, America is (was) a rich country. The generations that created entitlements like Social Security were on the front end of the pyramid scheme. They collected the benefits and Boomers paid the bill. Now that Boomers are retiring, the Ponzi scheme is revealed. There’s nothing left for the people who paid into these entitlements their entire working lives. The government is broke.