Re:Min wage would be $44 / hour if it had grown at same rate...
by throwawayfrauds on Sunday April 11, 2021 @04:11AM
(#26768503)
Actually, picking the highest possible number helps show the massive disparity. I’m curious as to why you say it doesn’t help anything, or why it’s cherry picking.
Because the math is so easy, I calculated a couple other minimum wages (1985 vs 2020):
- $21, if it kept up with software engineers.
- $17.40 an hour, if it kept up with teachers. (Interestingly, only $16 if it kept up with superintendents).
- Doctors are the real losers. Minimum wage would only have gone up to $9.72.