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To: Flying Circus

There is no such thing or concept as a “reasonable” wage only the current market wage.


175 posted on 04/26/2021 8:46:14 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

That market is heavily skewed by disincentives to work. By “reasonable” I mean a wage workers would agree to in the absence of artificially high unemployment benefits.

On the other hand, with all the money printed in the last year who knows what will be “reasonable” a year from now. By the time inflation slows down a $15/hr minimum wage may look as ridiculous as $3.35/hr (minimum wage when I took my first job) would look today.


178 posted on 04/26/2021 9:13:10 AM PDT by Flying Circus (God help us )
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