If Minimum wage kept up with inflation, it would now be more than $22 an hour. Instead, companies can pay $7.25 an hour for 3 employees for that amount. This means companies get 3 times the production for that $22 rather than employees getting three times the wages.
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If you think we deserve a raise because of how much worker productivity outpaces wages then it should be even higher. epi.org/productivity-p
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Excellent point. Thank you for making it. Also, I'm living with Stage IV colon cancer, so feel you on that too. Might take a look at Jane McLelland's How To Starve Cancer book.
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Unfortunately people with disabilities still wouldn't reap that benefit. It's still legal to pay them sub-minimum wages.
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That also means 3 people have jobs rather than 1 person working and 2 on welfare. If we want wages to be comparable let’s try to stop spending money and inflating our dollar?
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I’m a high school teacher and that’s about my hourly rate. But I only get paid for 8 hour days, 5 days a week. I usually work 10-12 and 1 day on the weekend.