Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 1 year agoWhy Americans feel gloomy about the economy despite falling inflation and low unemploymentapnews.comexternal-linkmessage-square264fedilinkarrow-up1372arrow-down111
arrow-up1361arrow-down1external-linkWhy Americans feel gloomy about the economy despite falling inflation and low unemploymentapnews.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 1 year agomessage-square264fedilink
minus-squareAnti_Iridium@lemmy.worldlinkfedilinkarrow-up9arrow-down2·1 year agoYes it is, it is the absolute floor that someone can be paid.
minus-squareSCB@lemmy.worldlinkfedilinkarrow-up2arrow-down13·1 year agoYes I am aware. That’s still not relevant whatsoever.
minus-squareSparlock@lemmy.worldlinkfedilinkEnglisharrow-up8arrow-down1·1 year agoBut it is relevant? Just like when massive unions get better pay rates (or weekends) it raises the bar for what all other workers expect, except the min wage has MORE effect since it applies across all employment.
Yes it is, it is the absolute floor that someone can be paid.
Yes I am aware. That’s still not relevant whatsoever.
But it is relevant?
Just like when massive unions get better pay rates (or weekends) it raises the bar for what all other workers expect, except the min wage has MORE effect since it applies across all employment.
“A rising tide lifts all boats”