3 ms·
> We might soon get a $25 minimum wage which can end up buying just one fast food burger. But correlation does not equal causation, and that is not at all th
by sgc 5y ago
> We might soon get a $25 minimum wage which can end up buying just one fast food burger.
But correlation does not equal causation, and that is not at all the case in countries that have higher minimum wages right now. All the theoretical bloviating by uncompromising capitalists doesn't change that. We don't need quasi-slavery to function as a society in 2021. We just have it because we are addicted to it.
https://www.statista.com/statistics/274326/big-mac-index-global-prices-for-a-big-mac/ https://www.statista.com/statistics/274326/big-mac-index-glo...