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| Topic | "If they raise the minimum wage, things will cost more" |
| Broseph_Stalin 05/13/21 4:35:42 PM #30: | NoxObscuras posted... The minimum wage has not kept up with the inflated cost of living in the last few decades. See: Broseph_Stalin posted... Second it's really stupid to bring up housing cost to try and make wages appear stagnant. If you showed up to a gas station tomorrow and gas was $10 a gallon your first thought wouldn't be "I don't make enough money", it would be "why are gas prices so high?". Wage growth isn't the issue (the 2010s saw the largest gains in income in modern history), there's just a massive housing shortage in the US brought on by local governments preventing new housing from being built. Wages aren't to blame for US zoning policy. NoxObscuras posted... This only applies if you're looking at mid level jobs. Many entry level jobs, especially in retail, will pay workers the absolute lowest they can get away with. Again if this were true you'd see a lot more people actually making the minimum wage. In reality even entry level service jobs are raising pay well beyond that to attract workers. Also worth noting that the minimum wage in CA is almost double the federal minimum btw. NoxObscuras posted... "The Median incomes in the US are among the highest in the world" Medians can be skewed by high numbers. That's not how median works, you're thinking of averages. ... Copied to Clipboard! |
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