That only tells you whether minimum wage people can afford things. What does it matter to me if some folk have to work for a week for a premium steak? Why woul

That only tells you whether minimum wage people can afford things. What does it matter to me if some folk have to work for a week for a premium steak? Why would a football player care that he earns in a day yearly wage? People buy things based on whether they themselves can afford it, not others. It's nice to appreciate your wealth compared to others but i doubt if anyone makes purchase decisions based on other people salary.