The premise of minimum wage, when it was introduced, was that a single wage earner should be able to own a home and support a family. That was what it was based on; a full time job, any job, should be able to accomplish this.
The fact people scoff at this idea if presented nowadays, as though the people that ring up your groceries or hand you your burgers don’t deserve the luxury of a home and a family, is disgusting.
You mean the generation that paid three times as much for college to enter a job market with triple the unemployment isn’t interested in purchasing the assets of the generation who just blew an enormous housing bubble and kept it from popping through quantitative easing and out-and-out federal support? Curious.
—When comments are better than the article, Atlantic edition (“The Cheapest Generation: Why Millennials aren’t buying cars or houses, and what that means for the economy”)