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thisguy20 · 41-45, M
One could argue that is not an issue of the minimum wage being too low; but an issue of housing, transportation, insurance, and healthcare costs being too high.
SomeMichGuy · M
@thisguy20 Good point.
But wages have largely stagnated for decades, though there were gains in real income during Biden's term (in spite of inflation).
So I think it's mixed, but with flat wages (= decreasing REAL wages!) and prices increasing due to lack of competition hurting us.
But wages have largely stagnated for decades, though there were gains in real income during Biden's term (in spite of inflation).
So I think it's mixed, but with flat wages (= decreasing REAL wages!) and prices increasing due to lack of competition hurting us.