- Apr 27, 2017
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I think a "living wage" is a relative term. Many factors are involved in what it takes for one to survive. Such as how much debt one has, or keeping up with the Jones', etc. 52 grand a year is not enough for a family with two new vehicles and and a mortgage that must have the latest I Phone. Yet 52 grand is plenty to a family with no debt and no ego to stroke. I think one factor concerning a living wage would be the recipient's way of handling money.
What you say is true and is a symptom of another problem with our extremely materialistic culture. I think if we did make some changes and offered some sort of basic income to everyone, we would need to designate the basics that income should be able to pay for vs. what are truly luxuries. People can live very comfortably without a McMansion, new vehicles every two years, etc. This "more" mindset is something that frustrates me very much with our culture, but is probably a topic for a different discussion. At the same time, I've seen people begrudging the poor the use of a refrigerator or a very basic pre-paid phone. The lack of financial education is also a symptom of the lack of emphasis on education in general.
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