Episode notes
We’ve all heard it... A McDonald’s burger will cost $50… “If wages go up, everything gets more expensive.”
An idea that keeps the conversation stuck while the gap between pay and cost of living expands.
Somewhere along the way, we lost sight of what minimum wage was actually meant to be.
And when full-time work isn’t enough to get by, the cost doesn’t disappear, it shows up somewhere else, and the bill gets passed around.
So who are we really hurting by holding the floor down?
Keywords
HistoryDebtEconomyminimum wageliving wageWage gapcost of livingEconomic inequalityTax the richpoverty