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A comment on Is the four-day workweek finally within our grasp?. Parent comment

Re:Is the four-day workweek finally within our grasp? by vkou on Thursday December 02, 2021 @06:08PM (#29424185)
So, you're saying that for every dollar taken from the poor (to be redistributed to the working poor), we'd be taking three dollars from the rich (to again, be redistributed to the working poor)?

That seems to support my point that raising the minimum wage disproportionately helps the working poor.

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Re:Is the four-day workweek finally within our grasp? by adolph on Saturday December 04, 2021 @11:34AM (#29441907)
Key word is proportionate. Inflation disproportionately affects those with low income. The affects are not linear—look at the difference in pct income to food in lowest quintile compared to others. A dollar from the lowest quintile is objectively more valuable in purchasing power than three dollars is to the highest.

It’s akin to the company town giving a buck more in wages but charging 2 more in groceries. Sure you make “more,” but since you can buy less of what you need, you are effectively making less.

https://www.econlib.org/library/Topics/HighSchool/RealvsNomi...

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