- Last ( @LastoftheDinosaurs@reddthat.com ) 43•1 month ago
You’re wrong on this one. I’ve seen the math, and it’s better than that.
- TowardsTheFuture ( @TowardsTheFuture@lemmy.zip ) English23•1 month ago
This is I believe what it would be at if it had raised with inflation after the last change to it. If I remember correctly. Which is yeah, wildly off what is stated here
Edit: frezik below found what it was.
- frezik ( @frezik@midwest.social ) 11•1 month ago
You’re probably thinking of the effort to raise the minimum wage to $15. Which has been going on long enough that inflation pushes that well over $20.
This isn’t the same measure, though. It’s taking productivity–how much each worker outputs per hour–and applies that to what the minimum wage should be. There’s a huge gap in that time between productivity and how much workers are actually making.
At least, I think that’s how they’re calculating it. Haven’t done the math.
Math doesn’t matter. Get in the hilux
- x4740N ( @x4740N@lemm.ee ) 31•1 month ago
I’m guessing that’s USD
Lemmy users need to remember that it’s not just americans on here
- An Australian
- Evil_Shrubbery ( @Evil_Shrubbery@lemm.ee ) 22•1 month ago
These screenshots really need to include the sauce date.
- Uriel238 [all pronouns] ( @uriel238@lemmy.blahaj.zone ) English18•1 month ago
Narrator: The working class was being exploited even before 1960.
1780s mothers literally fed many children to the industrial machine
- The Quuuuuill ( @Quill7513@slrpnk.net ) English16•1 month ago
You don’t have to look far to find America’s modern day colonial interests. You find them in the coal fields of Appalachia, the farm lands of the midwest, the factories where urban poor work, and the prison labor that maintains our infrastructure. Yeah. We enjoy a higher quality of life than the middle eastern countries where our military contractors don’t even try to hide their hatred for the working class, but we’re still the feudal serfs serving our lords. Like. Tell me. What would happen if every CEO didn’t come into work tomorrow? Everyone’s businesses would run just fine. What would happen if every laborer didn’t come into work? Society completely shuts down and the police come to beat us down.
What does that tell you about the relative value of both groups work output? And who gets paid? The CEOs. Why? Because they’re stealing from us. And like… We should go on general strike. I mean. Really break shit. What’s even the point of all this? What function does the government serve. They’re rearranging deck chairs while the world burns down. There’s a real and present threat that all of us will die in 5 years. And still their main focus is on a whole bunch of nonsense that is completely unrelated to anything we need to keep going. Why the fuck are we subsidizing oil? What the fuck are we giving Israel weapons for? Is the goal just to kill as much of West Asia as possible so there’s fewer resources for the rest of the mouths we need to feed?
- reallykindasorta ( @reallykindasorta@slrpnk.net ) 10•1 month ago
The economic policy institute has long kept a nice web page explaining this issue https://www.epi.org/productivity-pay-gap/
- volodya_ilich ( @volodya_ilich@lemm.ee ) 8•1 month ago
That link is basically responsible for solidifying my beliefs that leftists are correct about labour regulations and the economy when I was a young adult. I showed it to a friend some time later, and he quite literally told me “millennials discover Marxian surplus value extraction from the working class”. Truer words have never been spoken
- loops ( @loops@beehaw.org ) English5•1 month ago
Canadian living on the west coast in (sighs) Vancouver. The living wage is $25.68 CAD as opposed to the minimum wage of $17.50, a difference of $8.18 which is about $286.30 per work week (35 hours) and short by $1,145.20 per month ($13,742.40 per year).
I have to say though, this screenshot by itself is useless. Living wages change between municipalities and provinces/states. Not to mention countries.
- Fizz ( @Fizz@lemmy.nz ) 3•1 month ago
That is the minimum wage.
- The Quuuuuill ( @Quill7513@slrpnk.net ) English7•1 month ago
Some places… Most its the same 7.25 its been since the 90s when George HW was president
- DavidDoesLemmy ( @DavidDoesLemmy@aussie.zone ) 3•1 month ago
That is the minimum wage in Australia. What’s your issue?
- The Quuuuuill ( @Quill7513@slrpnk.net ) English8•1 month ago
Our government doesn’t work is our issue. Minimum wage where I am is $7.25 USD, which is equivalent to $11.12 AUD
- loops ( @loops@beehaw.org ) English4•1 month ago
That we don’t live in Australia.
- DavidDoesLemmy ( @DavidDoesLemmy@aussie.zone ) 1•1 month ago
How would I know where you live?
- loops ( @loops@beehaw.org ) English1•1 month ago
Yes, exactly.