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>> why are there billion(trillion?) dollar corporations built entirely on top of employing millions of people at minimum wage? There aren't any such corporatio
by rufus_foreman 2y ago
>> why are there billion(trillion?) dollar corporations built entirely on top of employing millions of people at minimum wage?
There aren't any such corporations. There are under a million people earning the federal minimum wage in the US: https://fred.stlouisfed.org/series/T16OC2 https://fred.stlouisfed.org/series/T16OC2.
- ceejayoz 2y agoThat's $7.25, to be clear. In 30 states, that's illegally low.
- olddustytrail 2y agoIsn't that entirely because several states have a higher minimum wage than the federal one? I ask as an outsider and have to wonder why this didn't occur to an American.