Burger economy

  • pyre@lemmy.world
    0·
    2 months ago

    how does minimum wage only double when products go 16x? jesus the education system really is shit in the US. there would be constant riots in the streets if only people knew arithmetic

    • psivchaz@reddthat.com
      0·
      2 months ago

      There’s a LOT of people that don’t understand inflation at all. They think something along the lines of, “I worked myself through college making $5/hr and it was hard and I didn’t get to buy all the things I wanted but it was fine. These lazy entitled people want several times that much for the same work?!”

      So it’s not just basic math but basic economics and a basic understanding of reality that are sorely lacking.

    • Zulu@lemmy.world
      0·
      2 months ago

      I believe the common strawman is “if min wage goes up, prices go up” which… You know just admits the system is there to abuse. “If you make more money then we’ll take more money from you”.

    • HobbitFoot @thelemmy.clubEnglish
      0·
      2 months ago

      And it’s been used enough that Argentina artificially set the price of Big Macs for a few years to hide their rampant inflation.

  • fahfahfahfah@lemmy.billiam.netEnglish
    0·
    2 months ago

    The last time this showed up people pointed out that big Mac’s cost more like $1.50 in 1980. Still multiple BMs per hour but not as drastic.

    • shalafi@lemmy.worldEnglish
      0·
      2 months ago

      And a Big Mac isn’t $8 around here and no one is paid federal min wage. It’s $13 in Florida and $15 IRL. Using the app to save, it’s probably 2.5 burgers.

  • PugJesus@lemmy.worldEnglish
    0·
    2 months ago

    NO BURGER???

    For real though, can’t even buy a 20 piece nugget anymore on an hour’s work, shit’s fucked

  • Krauerking@lemy.lol
    0·
    2 months ago

    I still think it is wild that we don’t include house prices in inflation, cause it was removed to use rent to match the “average American experience” which just means they no longer expect average people to ever buy a house.

    So no houses and no burgers.