It’s a downward spiral.
The reality is you cannot keep minimum wage at zero when the government controls the money; ie when the government creates inflation.
The people working minimum wage would never be able to keep up with inflation without minimum wage going up. (Not implying they are outpacing inflation but simply not getting 100% killed by it) It’s simply another symptom of a broken debt based economy.
Imagine you went through 2022 inflation numbers and your employers never raised your wage - you’d be royally fucked if you were near the minimum wage. it’s a band aid fix that doesn’t fix anything but make inflation compound on itself.
Matrix / Mole Matrix
npub1qw…faqgy
2023-07-11 17:11:51
in reply to nevent1q…08ll
Author Public Key
npub1qwmjknmf7qtt2xcu24zxfntcwgk98ql2dhy402zc2mxy7fynn29s2faqgyPublished at
2023-07-11 17:11:51Event JSON
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