@[email protected] to Today I [email protected] • 2 years agoTIL Minimum wage has only increased by $7.00 in 85 years in the USA.message-square232fedilinkarrow-up11.24K
arrow-up11.24Kmessage-squareTIL Minimum wage has only increased by $7.00 in 85 years in the USA.@[email protected] to Today I [email protected] • 2 years agomessage-square232fedilink
minus-square@[email protected]linkfedilinkEnglish4•2 years agoBut that has nothing to do with free market because minimum wage is set by the government?
minus-square@[email protected]linkfedilinkEnglish1•2 years agoMinimum wage is required because companies operating in the free market don’t pay many people enough to survive. So minimum wage is absolutely related to the free market.
minus-square@[email protected]linkfedilinkEnglish1•edit-22 years agoExcept a tiny percentage of people in the US earn minimum wage, and half of the them are under 25 iirc
bUt fReE mArKeT gOod
But that has nothing to do with free market because minimum wage is set by the government?
Minimum wage is required because companies operating in the free market don’t pay many people enough to survive. So minimum wage is absolutely related to the free market.
Except a tiny percentage of people in the US earn minimum wage, and half of the them are under 25 iirc