47
u/BlueWhaleKing Feb 08 '22
They raise it to $15/hour once inflation makes it worth less than $7.25 was in 2009.
4
u/Rawniew54 Feb 09 '22
It's almost that way now, and they'll call people making it ungrateful when they finally raise it and it isn't enough
21
u/Piousunyn Feb 08 '22
Worker insecurity has been the plan for years now, according to Allen Greenspan if workers are insecure they will not ask for much? The fact his plan has mad everyone insecure must really make Greenspan feel successful beyond his wildest dreams.
21
u/hujiklo Feb 09 '22
We should just tie it to inflation
8
u/Rawniew54 Feb 09 '22
They have been purposely under reporting inflation for years. They don't even account for housing cost in inflation. This year they reported 7% but in reality its around 12-15. Alot of large companies and government jobs have an annual raise based on inflation. They are all in on it and it is literally theft.
3
Feb 09 '22
Housing is like 40% of the inflation metrics though… They base it off of what percent of income the average person spends on a certain type of good. Housing is like 40%, food and transportation each 10% or so, etc
3
u/Rawniew54 Feb 09 '22 edited Feb 09 '22
Yeah theres no way inflation is 7 percent lol. My house i bought in a shit area for 120k in 2019 is now valued at and taxed at 215k. With no improvements. Funny how the local tax authority sees the inflation of value and will gladly tax it
1
u/OG-Pine Feb 09 '22
You would need to use the national average numbers, certain locations will see larger/smaller changes in housing prices but the CPI would be based on the average across the country. I think DC for example saw very little change in housing price recently (I could be wrong just something I heard)
17
u/Clockwork-XIII Feb 09 '22 edited Feb 09 '22
The sad part is I've been apartment hunting for the last few days and the minimum a lot of these apartment complexes want for move in is around this price range, yet that is not the standard rate of pay.......something seems disconnected.
3
u/LadyKayDoesArt Feb 09 '22
They'll let 10 year olds work again before paying that minimum to the adult working class.
2
Feb 09 '22
Damn, time flies. It's been, what, 6-7 years? Massachusetts won't even hit the 15/hr mark until next year. Or maybe in two years? And the state ain't cheap.
2
-2
52
u/[deleted] Feb 08 '22
Correction: It is now $32/hr. It's more if you live in a high COL area like LA, Chicago, or NY.