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Why are things unaffordable? If the min wage increased at the rate of productivity since 1960, it'd be $27 today—not $7.25

Billionaires & Mega Corps have stolen at least $20/hour from working Americans for 65 years—an estimated $79T

Things are unaffordable because billionaires are stealing from us

in reply to Qasim Rashid, Esq.

not to mention that wage theft is one of the most common financial crimes surpassing much more widely reported issues like robbery to those already depressed wages!
in reply to Qasim Rashid, Esq.

Here's a list of people who used the money from that theft to fund a corrupt fascist movement & buy Supreme Court Justices to end voting & civil rights.

theguardian.com/us-news/2025/j…

motherjones.com/politics/2025/…

theguardian.com/business/2025/…

washingtonpost.com/politics/20…

spokesman.com/stories/2025/dec…

bloomberg.com/news/articles/20…

1. Elon Musk $291,482,587
2. Timothy Mellon $197,047,200
3. Miriam Adelson $148,304,900
4. Richard Uihlein $143,498,936
5. Ken Griffin $108,402,284
6. Jeff Yass $101,128,680

1/

in reply to Qasim Rashid, Esq.

Bowley's Law broke around 1980. As long as it held, anyone could pay for their lifestyle--for themselves and a family--with any commonly available laborer job. If prices went up, wages went up. The money flowed around in orbits. Now prices go up and wages stick. The money goes into blackhole hoards that warp the fabric of the economy towards what rich idiots think will grow their blackholes even further.
in reply to Qasim Rashid, Esq.

It's just inhumane to pay people who don't have higher education or access to higher education $7.25/hr. Their work is as important as any CEO's work. It grinds my gears to hear people complain about paying someone $20/hr to flip a burger, but don't complain about CEO's making 300x's what the hourly employee is making.
in reply to Qasim Rashid, Esq.

not only has pay not kept up with productivity, prices have increased far faster. Not prices of the “basket of goods”, but of the housing, healthcare, and education that dominate most of our expenses. There was an article circulating recently that tried to recreate the original calculation behind the poverty line, multiplying the price to feed a family by typical fraction of a family budget that goes to food, and found that today’s value would be $140k/year, or at least $70/hour
in reply to Qasim Rashid, Esq.

Billionaires are stealing THE MOST. Not all of that money went to them. But yes, it's a class war.
in reply to Qasim Rashid, Esq.

Makes one wonder why a #DemocraticSocialist movement has been centered in one of the most expensive cities in the world, New York, when scaling up from a smaller movement is arguably more #Sustainable.

#GenZ #Resist

in reply to Qasim Rashid, Esq.

And, on top of that, manipulated us into believing that the economy and prices would explode if we pay workers a living wage.
in reply to Qasim Rashid, Esq.

and so off with their heads! Or they can give up their money. They can choose.
in reply to Qasim Rashid, Esq.

Holy crap! $7.25???
In Canada it's between $15-$19.75. I know there's a currency difference but even converted, it's about $10.75-$14.00.
in reply to Qasim Rashid, Esq.

There is a federal minimum wage and a state minimum wage. In California, it is $16.90 per hour, with some cities having higher values (e.g., $19.18 per hour in San Francisco and $20.25 in West Hollywood)..