"Rod Speed" wrote in message
...


" wrote in message
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On Friday, February 26, 2021 at 9:12:24 AM UTC-5, bruce bowser wrote:
On Friday, February 26, 2021 at 9:01:55 AM UTC-5, micky wrote:
OT Why $7.50 is enough

https://www.independent.co.uk/news/w...-b1807595.html

"Republican Senator John Thune has rejected an effort from
congressional
Democrats to raise the federal minimum wage from $7.25 an hour to $15,
pointing to his $6 or less hourly wages that he earned working at a
restaurant as a €œkid€�."


Thune graduated from Jones County High School in Murdo, South Dakota
in
1979, when a $6 hourly wage €“ adjusted to modern inflation rates €“
would
amount to roughly $23 in 2021 dollars.

But he thinks, or he wants you to think, that if he got by on $6 or
less, people 41 years later should get by on 7.50.

Now, the mimumim wage in Spain is $8.00 an hour USD. Why pay them more?

It's $19.84 in Australia.

Thats $A tho and our costs are higher for the stuff those
on a minimum wage buy like fast food and slum rents.

Why pay them less?

See above.

Fark, highest purchasing power in the OECD, didnt know that.
https://en.wikipedia.org/wiki/Minimu...e_ wage_ratio