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posted 2 years ago by clearsmoke 2 years ago by clearsmoke +22 / -0
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– Primate98 4 points 2 years ago +4 / -0

IDK if you'd be interested in this, but the whole issue has to be reframed because a deeper scam is at work (which of course will never be discussed by anyone in the mainstream, ever).

Starting in the early 1970's, productivity became disconnected from real wages, whereas they had--through the various mechanisms of free-market forces--always been highly correlated before.

The difference over the last 50 years is about 2.5x. That is, if you make $100k/year doing whatever, it would and should have been $250k. That's a real difference in lifestyle.

And the federal minimum wage at $7.25 would have naturally become just over $18/hr by now. Really, though, if "minimum wage"-type jobs ordinarily paid that much, the whole concept would have been abandoned.

But you see how deep the scam is? They've got people in the streets to "Fight for 15!" Fifteen? You can see now that 15 itself is a ripoff. People just have no idea--literally--how bad it really is.

A pretty good writeup detailing the "organized crime" against us is here:

A Look at the Dramatic Disconnect Between Productivity and Wages, and Now the Worm Turns (Winter Watch 3/22/2022)

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– deleted 2 points 2 years ago +3 / -1
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– Primate98 2 points 2 years ago +2 / -0

It is nothing short of diabolical: the shrinkflation of your dreams.

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