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    Moffin'tosh (moffintosh@berserker.town)'s status on Wednesday, 18-Oct-2023 20:20:03 JST Moffin'tosh Moffin'tosh

    Minimum wage would be $26 an hour if it had grown in line with productivity - CBS News (2021)
    https://www.cbsnews.com/news/minimum-wage-26-dollars-economy-productivity

    In conversation Wednesday, 18-Oct-2023 20:20:03 JST from berserker.town permalink

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      Minimum wage would be $26 an hour if it had grown in line with productivity
      The gap between what average U.S. workers produce and what they earn has grown ever wider. That's a problem.
    • Embed this notice
      iced depresso (icedquinn@blob.cat)'s status on Wednesday, 18-Oct-2023 20:20:02 JST iced depresso iced depresso
      in reply to
      @moffintosh 50$ an hour if you track the amount of print & spend the fed has done
      In conversation Wednesday, 18-Oct-2023 20:20:02 JST permalink
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      iced depresso (icedquinn@blob.cat)'s status on Wednesday, 18-Oct-2023 20:22:34 JST iced depresso iced depresso
      in reply to
      • iced depresso
      @moffintosh i looked in to it once and there was like a 30-40 year timespan or something where US inflation was negligible. then they doubled the entire currency supply, and then about two presidents later started doubling it again every president or something. meanwhile minimum wage hasn't changed on paper and the financiers issue mega copes about how "akshually quadrupling the currency supply isn't stealing from the public because..."

      its baffling how much money boomers made when you factor in how much they've stolen via the reserve
      In conversation Wednesday, 18-Oct-2023 20:22:34 JST permalink

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