But what if we could go back to one income being enough to support a family?
The supply and demand of the labour economy don’t support that. If there’s twice as much labour in the workforce, companies want to treat it like it’s worth half as much.
Instead, we should reduce the full work week to 20 hours and make minimum wage the same amount per week. That way, we’re actually reducing the amount of working hours that are offered to employers from the supply end. They’ll need forced to reduce corporate waste and employ more people. And we’ll all have a four day weekend to do the chores and look after the kids!
The supply and demand of the labour economy don’t support that. If there’s twice as much labour in the workforce, companies want to treat it like it’s worth half as much.
Instead, we should reduce the full work week to 20 hours and make minimum wage the same amount per week. That way, we’re actually reducing the amount of working hours that are offered to employers from the supply end. They’ll need forced to reduce corporate waste and employ more people. And we’ll all have a four day weekend to do the chores and look after the kids!