this post was submitted on 04 Aug 2024
744 points (99.3% liked)

196

16490 readers
2941 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 5 points 3 months ago (1 children)

Hm, you know it might’ve been about fast food workers in Cali then. I just do remember something about $23 coming from just inflation.

Also could’ve been whenever minimum wage was at it best adjusted.

[–] [email protected] 8 points 3 months ago* (last edited 3 months ago) (1 children)

The argument was that the $7.25 minimum wage in 2009 was already criminally low, and should have been $15. That would be $22.32 now. The actual minimum wage has not been changed since.

The post specifies productivity gains since 1960, though. That's a different measure than inflation, but it's interesting that they arrive in about the same place. There's been a huge gap between average wages and productivity increases over that time period. It's not like the working class was even getting their fair share in 1960, and they sure as hell aren't now.

[–] [email protected] 2 points 3 months ago

Ah yup that’s what it was. Thanks.