should be higher than $7.25 that's for fucking sure
should be higher than $7.25 that's for fucking sure
Damn that's still the Federal rate? Been $15/Hr for awhile here in NYC...
Damn that's still the Federal rate? Been $15/Hr for awhile here in NYC...Isnt it super expensive to live in NYC though? So 15$ an hour might be even worse there than 7.25 in some places?
So maybe the quick solution, if you openly support dictators, your taxes are raised to 99.99999%. Call it the treason tax. So only Musk, Trump, etc have to pay it basically. And we end poverty overnight
https://gamefaqs.gamespot.com/a/forum/8/8b60a2a4.jpgNo more billionaires works for me.
https://gamefaqs.gamespot.com/a/forum/2/29ff7c92.jpg
> But minimum wage causes inflation to rise even faster. So it's a tricky balance.Some part of that seems wrong.
Studies show that for every 10% the median wage goes up (not minimum wage, granted, this is median wage), the price of goods goes up 0.4% on average
Some part of that seems wrong.
We know inflation has caused all prices to double since 2012.
Did anyones wage quadruple in these last 12 years? mine didn't
Some part of that seems wrong.
We know inflation has caused all prices to double since 2012.
Did anyones wage quadruple in these last 12 years? mine didn't
that's because that's an increase in price of goods unrelated to wage increases.Then how did they measure this study? They somehow removed inflation from calculating inflation?
Then how did they measure this study? They somehow removed inflation from calculating inflation?
Inflation is literally "people have too much money". I feel so poor not having this problem.
As a concept, a flat minimum wage will never work. It'll inevitably fall behind inflation,
That, or just do UBI and abandon the idea of minimum wage altogether. That's probably simpler, though it still runs into the issue that living wages are not universal and there'd need to be some regional variation there (with some kind of checks to make sure people don't just move to expensive neighbourhoods so they get more UBI).
Fun fact: If you took away 99.99999% of a billionaire's net worth, they'd still have $10k left. Musk and Bezos would still be millionaires. A billion dollars really is a ludicrous amount of money.
The only problem with that plan is UBI doesn't work. Well, not as a replacement, anyway. The UBI pitch has been "Do this in lieu of everything else!" when in fact you'd still likely have some version of Section 8, some version of Medicaid, some version of SNAP, etc, supplementing it.
That and we aren't in a post-labor society where UBI could function.
That and we aren't in a post-labor society where UBI could function.
Except net worth isn't billions of dollars that they have, it's holdings in companies where the valuation of the company's shares is volatile.
While "okay, you're successful, we want to take a good chunk of your money" is questionable, suggesting "okay, you're successful, we want to take over your company" is straight-up Soviet.
$50? Little high.
Probably $20 is the right number right now.
But minimum wage causes inflation to rise even faster. So it's a tricky balance.
Basically our economy only works as long as half are suffering in poverty.
I suppose you could tax the mega rich so hard that they earn the same as everyone else, but that has different problems then.
So maybe the quick solution, if you openly support dictators, your taxes are raised to 99.99999%. Call it the treason tax. So only Musk, Trump, etc have to pay it basically. And we end poverty overnight
suggesting "okay, you're successful, we want to take over your company" is straight-up Soviet.Well Musk, Besos, Trump are all incredibly pro soviet so they'd love this idea I guess