The Robert Wood Johnson Foundation should be ashamed of this report. The people who wrote this have absolutely no clue about economics or the real world.
Oh, and BTW, the push for $15/hour contributes to the current train-wreck of inflation, much less $35/hour.
Inflating wages simply compliments the unsustainable situation we are in plus it disproportionately affects retired people and the poor. This seems to be another of those articles designed to create more discontent and usher in socialism.
I stopped reading right there. The article has to be pure garbage.
Best graph I could find says that as of March 2022 there was about $2.3T worth of U.S. currency in circulation.
80% of that currency has been printed in the past two years.
That is THE reason money isn’t worth chit and everything keeps going up.
It isn’t an accident.
The communist mean to destroy America, and it doesn’t look like anyone is going to say a chit.
I guess that means the TWO MILLION illegals that will come here in JUST THIS YEAR will all be starving in the streets before too long…
Women are paid exactly the same at my work
US workers are in general the best paid workers in the world.
I wonder, how can workers in other countries live?
Some living on $500 a year!
Wage - Price controls are coming.
When do we start talking about the “Killer Rabbit”?
Jul 9, 2015 · The U.S. stands head and shoulders above the rest of the world. More than half (56%) of Americans were high income by the global standard, ...https://www.google.com/url?esrc=s&q=&rct=j&sa=U&url=https://www.pewresearch.org/fact-tank/2015/07/09/how-americans-compare-with-the-global-middle-class/&ved=2ahUKEwjzwbm65rb3AhWvTd8KHdE-BZEQFnoECBwQAg&usg=AOvVaw3mFMHMnsce65hzny65QACU
Money, while it cannot buy happiness, is an important means to achieving higher living standards. In the United States, the average household net-adjusted disposable income per capita is USD 51 147 a year, much more than the OECD average of USD 30 490 a year.In terms of employment, about 67% of people aged 15 to 64 in the United States have a paid job, slightly above the OECD employment average of 66%. Some 72% of men are in paid work, compared with 62% of women. In the United States, 10% of employees work very long hours in paid work, the same as the OECD average of 10%, with 14% of men working very long hours in paid work compared with 7% of women.
Good education and skills are important requisites for finding a job. In the United States, 92% of adults aged 25-64 have completed upper secondary education, - https://www.oecdbetterlifeindex.org/countries/united-states/
1. United States
- 2020 Nominal GDP in Current U.S. Dollars: $20.89 trillion7
- 2020 PPP Adjusted GDP in Current International Dollars: $20.89 trillion8
- 2020 GDP Growth: -3.6%9
- 2020 Nominal GDP Per Capita in Current U.S. Dollars: $63,413.510
The United States’ economy is the largest in the world as measured by nominal GDP. -https://www.investopedia.com/insights/worlds-top-economies/
That's over 135k a year!