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this post was submitted on 27 Sep 2023
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Today I Learned
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Do you have a source on that nationally? Because that is very very high in many areas.
Well,
If it kept line with productivity Minimum wage would be $26 an hour if it had grown in line with productivity
If it kept up with inflation Advocates say minimum wage needs to be higher before it’s indexed to inflation or https://www.cnn.com/2021/02/21/politics/minimum-wage-inflation-productivity/index.html
These sources disagree among themselves if the right number is $21.45 or $26 or $20, they seem to base their analysis on productivity or inflation
Yeah, these numbers sound like a lot in some places, but those places where it 'sounds like a lot' tend to be really fucking poorer than necessary. It would hurt them not at all to have the minimum keep up with where it was in 1968 instead of being the output of both major parties in congress agreeing to fuck the working poor