According to a recent study, one third of all working families in the United States can’t meet basic needs like food and healthcare with the family income.
They are working, but they are kept in poverty due to low wages (and/or high living costs).
In New York City this leads to a situation where the city is spending over $260M per year to support the families during their crisis:
In New York, where there is stiff resistance to living wage legislation from business and civic leaders, including Mayor Michael Bloomberg, the city is already being forced to spend about $260 million a year to support poor working families with child care services alone.
Why are we, taxpayers, footing the bill to allow developers and other businesses to hire cheap labor and provide no benefits?
You and I are essentially supporting companies like Walmart, who provide minimal benefits and low wages to maximize shareholder profits. That’s pretty damn outrageous, if you ask me. At the very least I’d be entitled to free shares from these companies.
What would probably make more sense is to force these modern day feudal lords to actually pay fair wages and stop the suffering of people who are working incredibly hard to support their families.