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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://twit.social/users/glennf/statuses/112843754502183333">Glenn Fleishman (glennf@twit.social)'s status on Thursday, 25-Jul-2024 07:34:37 JST</a><a href="https://twit.social/@glennf" title="glennf@twit.social"><img src="https://gnusocial.jp/avatar/24009-48-20230318001717.webp" width="48" height="48" alt="Glenn Fleishman" style="position: absolute; left: 0; top: 0;">Glenn Fleishman</a></section><article><p>In 2009, $7.25 had the buying power of $10.75. So the minimum wage is worth 35% less now. But even $10.75 an hour as a federal minimum wage is too low today. Two people working full time would make $43,000 (with two weeks each of unpaid vacation). Whatever new wage is set, it has to be indexed to the CPI.<br><a href="https://masto.ai/@rbreich/112843731945772354" rel="nofollow noreferrer">https://masto.ai/@rbreich/112843731945772354</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/3423821#notice-6732415">In conversation</a><time datetime="2024-07-25T07:34:37+09:00" title="Thursday, 25-Jul-2024 07:34:37 JST">about a year ago</time> <span>from <span><a href="https://twit.social/@glennf/112843754502183333" rel="external" title="Sent from twit.social via ActivityPub">twit.social</a></span></span><a href="https://twit.social/@glennf/112843754502183333">permalink</a><h4>Attachments</h4><ol><li><article><header><div>No result found on File_thumbnail lookup.</div><h5><a href="https://masto.ai/@rbreich/112843731945772354">Robert Reich (@rbreich@masto.ai)</a></h5><div> from <span>Robert Reich</span></div></header><div>Federal minimum wage in:2009: $7.25
2010: $7.25
2011: $7.25
2012: $7.25
2013: $7.25
2014: $7.25
2015: $7.25
2016: $7.25
2017: $7.25
2018: $7.25
2019: $7.25
2020: $7.25
2021: $7.25
2022: $7.25
2023: $7.25
2024: $7.25Folks, it's time to raise the damn wage already.</div><footer></footer></article></li></ol></footer></blockquote>

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Glenn Fleishman (glennf@twit.social)'s status on Thursday, 25-Jul-2024 07:34:37 JST Glenn Fleishman
In 2009, $7.25 had the buying power of $10.75. So the minimum wage is worth 35% less now. But even $10.75 an hour as a federal minimum wage is too low today. Two people working full time would make $43,000 (with two weeks each of unpaid vacation). Whatever new wage is set, it has to be indexed to the CPI.
https://masto.ai/@rbreich/112843731945772354
In conversationabout a year ago from twit.socialpermalink
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1. No result found on File_thumbnail lookup.
  Robert Reich (@rbreich@masto.ai)
  from Robert Reich
  Federal minimum wage in: 2009: $7.25 2010: $7.25 2011: $7.25 2012: $7.25 2013: $7.25 2014: $7.25 2015: $7.25 2016: $7.25 2017: $7.25 2018: $7.25 2019: $7.25 2020: $7.25 2021: $7.25 2022: $7.25 2023: $7.25 2024: $7.25 Folks, it's time to raise the damn wage already.

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