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Mac ,

Reminder that every dollar possessed by the ultrawealthy is time you wouldn’t have had to spend working and could instead used that time to enrich your personal life whether it’s alone, with family, or friends.

Lemminary ,

The minimum wage should grow with inflation according to an annual review. It’s an injustice that there must be this huge battle every time it needs to be increased every few years but only when people get fed up because they can’t afford to live.

JohnDClay ,

Even just accounting for inflation, the $1.25/h federal minimum wage in 1963 would be about $13/h today.

Dave ,
@Dave@lemmy.nz avatar

The federal minimum wage was $1 per hour in 1960, so productivity has increased 23 fold according to the OP.

Shouldn’t this mean we should be able to cut down to two hours of work per week?

Having to work 40+ hours when 2 should be enough does sound like exploitation.

workerONE ,

I should only have to get out of bed once for every 23 mornings that I wake up, am I right?

AdamEatsAss ,

According to my father in law it’s the participation trophies that are to blame.

sudo ,

Holy fuck the Gravel Institute is a nostalgia trip. Can’t believe those kids still have a job.

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