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Dave , 3 hours ago 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.
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.