![She's asking the wrong questions, shut it down [1125x812 - 49KB]](https://pic8.co/sh/3TjGYj.jpg){kind=link}
I...I really really don't get her point at all. What the hell is she trying to say?
Probably it heard about inflation and what it does to your fiat currency.
lol. nearly made me spit my coffee out.
Pretty sure it’s noticing that raising the minimum wage doesn’t increase the quality of life for minimum wage earners, it just makes everything else expensive enough that a minimum wage job still doesn’t give you enough to buy a house or a nice car. Which it never will and is what we’ve been saying forever
I guess this depends on what the standards of living are, but in many countries the minimum wage is pointless because you keep on working everyday without earning even a fraction of what is needed for a basic decent living. So it can give you some income provided you live with your parents, but this can't go on forever and there's no prospect. You could just die as well.
Keep in mind that I am talking about a minimum wage of 2 or 3 $ per hour, which unfortunately is the norm in certain corrupted countries.
But it does make life harder for the middle class. People making 30 an hour 5 years ago arnt making 60 now.
She is saying that $16 per hour only buys what $7.25 used to buy before the new minimum wage was forced on businesses. She know she is not better off.
I think what she’s trying to say is “I’ve finally noticed that $16 is the new minimum wage but I don’t pay attention to current events so I don’t realize that this is old news ti most people.”
She's saying that since everything is more expensive now it doesn't feel like she's earning more money even though she technically is.
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