/lit/ - Literature

Anonymous Fri Jan 29 19:23:57 2021 No.17412190 [View]
File: 18 KB, 886x388, MinimumWageUSD.png [View same] [iqdb] [saucenao] [google]

>>17412125
>Minimum wage in 1970: $1.60
>Minimum wage in 2021: $7.25
Accounting for inflation, minimum wage has declined 32.5% in the past 51 years. This means, despite the most concentrated technological revolution in human history, those at the bottom of the work distribution are much worse off. The benefits of modern society are being monopolized by the wealthy who are actively depriving the working poor of money

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/lit/ - Literature

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