3 ms·
But the ratio doesnt take into many factors such as inflation and actual wage-buying-power So while the maths ratio sounds small... the Human ratio is much gre
by samstave 5y ago
But the ratio doesnt take into many factors such as inflation and actual wage-buying-power
So while the maths ratio sounds small... the Human ratio is much greater based on the buying power of a dollar-vs-salary of the avg buyer...
so while it may seem one-way, the reality for the buyer is much different...
Here is an anecdote:
My GF has worked at The French Laundry for several years...
The top rest in the world according to some...
She lives in Sonoma Ca and it costs her $5.19 per gallon of gas. She drives an modern car with good gas mileage.
She pays $70 to 3/4 fill her car and travels ~30 miles one way to commute to a job at the top restaurant in the world which pays her $12/hour.
The bill says "Service Included" which leads guests to believe that "TIP IS INCLUDED" -- and so people that pay $75,000 for a meal (including wine) often DONT TIP...
Because they believe that "Service" == "Tip" NOPE.
The point is, that her commute costs her ~half a weeks actual pay to pay for fuel.
The point being that we THINK that the ratio --> relation to buying power has been constant, or even better these days with higher wages, the reality in the wallet is not such.
Even with a great job, at one of the best companies in the world (supposedly) -- She still struggles with just filling her car with gas.
Fuck big oil.