3 ms·
> the US government made corporations adhere to a salary cap to prevent war millionaires It wasn't to prevent "war millionaires". Wage and price controls were
by coolgeek 5y ago
> the US government made corporations adhere to a salary cap to prevent war millionaires
It wasn't to prevent "war millionaires". Wage and price controls were imposed to prevent hyperinflation.
https://www.peoplekeep.com/blog/the-complete-history-of-employer-provided-health-insurance https://www.peoplekeep.com/blog/the-complete-history-of-empl...
A tiny percentage of corporate employees become millionaires in this day and age. The percentage that could have done so in 1942 dollars is a fraction of that fraction.