Quote Of The Day: Thomas Sowell On Making A Living Wage
“The fashionable notion of “a living wage” is a wage that will support a family of four. And, sure enough, The New York Times finds a Wal-Mart employee who complains that he is not making “a living wage.”
How is he living, if he is not making a living wage?
Should people be paid according to what they “need” instead of according to what their work is worth? Should they decide how big a family they want and then put the cost of paying to support that family on somebody else?
If their work is not worth enough to pay for what they want, is it up to others to make up the difference, rather than up to them to upgrade their skills in order to earn what they want?” — Thomas Sowell