BeautifulMind ♾️

LOL whenever I have to work with DateTime systems that try to account for every possibility (and fail trying) I am reminded that in some disciplines, it’s acceptable to simplify drastically in order to do ‘close enough’ work.

I mean, if spherical cows are a thing because that makes the math of theoretical physics doable, why not relativity-free or just frame-constant date-time measures that are willing to ignore exotic edge cases like non-spherical livestock?

But corporate death is… yanking their charter and seizing their holdings You know, kind of what they did to the Trump org And that was a long time coming

it can be done

Well,

• If it kept line with productivity Minimum wage would be $26 an hour if it had grown in line with productivity

• If it kept up with inflation Advocates say minimum wage needs to be higher before it’s indexed to inflation or https://www.cnn.com/2021/02/21/politics/minimum-wage-inflation-productivity/index.html

These sources disagree among themselves if the right number is $21.45 or $26 or $20, they seem to base their analysis on productivity or inflation

Yeah, these numbers sound like a lot in some places, but those places where it ‘sounds like a lot’ tend to be really fucking poorer than necessary. It would hurt them not at all to have the minimum keep up with where it was in 1968 instead of being the output of both major parties in congress agreeing to fuck the working poor

If you do the comparisons in normalized dollars and compare to productivity, minimum wage (if it tracked to the same purchasing power as it did in the 1950s) would be somewhere around $26 in today’s dollars. If you do the same but track to inflation, it would be about $22.

When the wage doesn’t keep track to inflation, it’s not ‘increasing’, it’s a pay cut. When it doesn’t track to productivity, it’s a pay cut out of labor’s part of any growth.

When workers earning suppressed wages compete to buy things like housing, they’re bidding against the class of people that received the share of productivity they didn’t- and when the folks making more bid up prices of those things, it’s a double-whammy of foregone wage + increased cost-of-living.