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Wages have not kept up with inflation. Why is this so hard for the media to understand?
Wages have shot up like crazy over the past few years. But the FTC has not enforced antitrust regulations over the past 30 years which led to everything being owned by megacorps with no competition - so we're getting the screws turned on us right now. The FTC is finally engaging in some antitrust measures, but it is too little, too late. It's kind of hard to blame that on the current regime.
Shot up like crazy is a weird way to talk about how the federal minimum wage is still $7.25
And tipping is spreading instead of dying off.
If you are not making the federal minimum after tips, your employer is obligated to pay the difference. Nobody is (legally) receiving only $2.13/hour. $7.25 obviously isn't enough to live on though.
E: Downvoted for speaking the truth. If you aren't making at least $7.25 after tips, and your employer is not paying the difference, they are breaking labor laws. Please report them. And stop parroting that a $2.13 wage is somehow legal. If people are being taken advantage of, they deserve to know that they should be making more.
$15,950 per year with full time employment.
Which is why 37% of people have multiple jobs, which is why unemployment is down, which is why the wealthy/out of touch pretend the economy is fine, which is why people in power ignore the suffering of the working class.
- President George W. Bush to a divorced mother of three. Omaha, Nebraska - February 4, 2004
My wage has certainly gone up. I also can’t seem to go grocery shopping without spending $400 now. Literally everything is more expensive, bills included.
So if I look at my wage as 100%, rent and groceries and bills all take up a larger percentage of that then just five years ago.
Unless there are enforced laws around consumer pricing, every company on the planet is gonna raise prices when wages go up.
You literally use the term regime to describe yourself.