BonesOfTheMoon@lemmy.world to Political Memes@lemmy.world · 2 months agoConservatives don't understand how to human.lemmy.worldimagemessage-square141fedilinkarrow-up1389
arrow-up1389imageConservatives don't understand how to human.lemmy.worldBonesOfTheMoon@lemmy.world to Political Memes@lemmy.world · 2 months agomessage-square141fedilink
minus-squareEmpathicVagrant@lemmy.worldlinkfedilinkarrow-up3·2 months agoThey’ll get you there by 2035 when the cost of living is close to $50 wages
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up1·2 months agoBold of you to think it will be any higher in 2035 than it is now.
minus-squareObjectivityIncarnate@lemmy.worldlinkfedilinkarrow-up2·2 months agoAre you aware that that would be more than double what the (inflation-adjusted, of course) minimum wage has ever been in US history?
minus-squareObjectivityIncarnate@lemmy.worldlinkfedilinkarrow-up3·2 months agoTL;DR: The EPI graph isn’t measuring productivity vs. pay, even for “typical workers”; it’s measuring wage inequality, and images like these are the visual equivalent of out-of-context half-truth soundbites: https://www.reddit.com/r/badeconomics/comments/6rtoh4/productivity_pay_gap_in_epi_we_trust/
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They’ll get you there by 2035 when the cost of living is close to $50 wages
Bold of you to think it will be any higher in 2035 than it is now.
Are you aware that that would be more than double what the (inflation-adjusted, of course) minimum wage has ever been in US history?
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TL;DR: The EPI graph isn’t measuring productivity vs. pay, even for “typical workers”; it’s measuring wage inequality, and images like these are the visual equivalent of out-of-context half-truth soundbites:
https://www.reddit.com/r/badeconomics/comments/6rtoh4/productivity_pay_gap_in_epi_we_trust/
deleted by creator