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Could be worse. 25 cents in 1938 is still only worth $5.44 today.
2 dollars of progress for 85 years... How much has productivity risen during that time?
People working for minimal wage don't produce more value. Considering advancements in mechanisation and automation over these years, their productivity has actually decreased.
Minimum Wage workers/general laborers are the literal backbone of any work force. Their value is literally instrumental to any and all industries. These industries would simply collapse if minimum wage workers are taken out of the equation. And that's without pointing out that wage isn't indicative of how important someone is to a workplace.
And automation doesn't mean much when you still need an entire force to upkeep all of those machines. And I'd bet my right arm and left leg that if wage pricing is left to corporations that they'll place said workers at minimum wage if they can get away with it.
Nope. These jobs are a waste of time and money.
Essential workers from the pandemic looking at this shit take like
Lol right? I thought we all learned this lesson like 3 years ago.
What essential workers? Ocado is fully automated.
Yeah this isn't true. While automation has made machines more effective than humans in many cases, they haven't made human labor less effective. Not sure why you would think that. Advances in tools and software have made every sector of the workforce more productive. There's a million little things.
They have flattops at fast food places that cook the top and the bottom of the burger patty at the same time. So one worker can do more. Roofers have faster and lighter nail guns letting them work for longer. Hell, when I did lawn care as a teen you'd see another crew with some fancy new mower every month, and the improvements were usually worth the costs.
Roofers are not minimal wage workers. Minimal wage workers are redundant.
Bravo on your commitment to being the worst take in every thread.
Listen here you little shit we're here for class solidarity and memes not mathematics
Yeah. I mean you could look at anything with a "could be worse" attitude, but this is still pretty bad. The GDP per capita in 1938 was the equivalent of about $14,000 in 2022 according to an inflation calculator. The GDP per capita in 2022 was $76,622.
The country has gotten about 450% richer. And the people that support the country and it's economy has gotten just 33% richer using $5.44 and comparing it to today's $7.25.
If the country were to keep just half of the 450% increase and the other 225% was reinvested into the minimum wage, the minimum wage would be set at $17.68 and the United States GDP per capita would still be $45,500. More than the entire European Union.