@MonsiuerPatEBrown@reddthat.com to Today I Learned@lemmy.world • 9 months agoTIL Minimum wage has only increased by $7.00 in 85 years in the USA.message-square160fedilinkarrow-up11.12Kfile-text
arrow-up11.12Kmessage-squareTIL Minimum wage has only increased by $7.00 in 85 years in the USA.@MonsiuerPatEBrown@reddthat.com to Today I Learned@lemmy.world • 9 months agomessage-square160fedilinkfile-text
minus-square@aidan@lemmy.worldlinkfedilinkEnglish3•9 months agoBut that has nothing to do with free market because minimum wage is set by the government?
minus-square@greavous@lemmy.worldcakelinkfedilinkEnglish1•9 months 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@aidan@lemmy.worldlinkfedilinkEnglish1•edit-29 months 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