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If, since 1968, the minimum wage had risen with productivity, it would be a little above $20/hour. If the median wage did the same, it'd be above $40/hour. Instead, after decades of "trickle-down" & "pro-business" policies, the median wage is a little below $20/hour. https://twitter.com/JulieNBCNews/status/1364232004733046786 …pic.twitter.com/PX3T2Hi33B
Hawley follows classic "Chicago school" economics: * if poor people are able to accumulate any savings then the economy will collapse; * but wealthy people must have massive "incentives" to become more wealthy or the economy will collapse. https://twitter.com/ScottElliotG/status/1364611106736586752 …
Was going to say, isn’t the fight for 15 almost 15 years old now?
Raising minimum wage isn't enough. Appropriate re regulation and unions need to be encouraged again or we'll just be in the same boat 10 yrs from now.
That's right. The median wage, relative to productivity, has trickled down from $40 to $20. What are you not getting, here, Max?
"Trickle down" means that rich people are pissing on you. Every single time...
There’s something quite wrong about a society where the cost of living increases 3-5% annually, but minimum wage has not. As ever, it is unsurprising, yet still disappointing, that Republicans keep kicking the can down the road.
See @WTF_1971 - wages have completely decoupled from productivity. It’s worse than you are even asserting. Yet, you’re likely focused on the symptoms rather than the cause.
Reaganomics was a farce and a ploy to give the wealthy a big advantage and give the average worker the shaft.
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