inclementimmigrant@lemmy.world to politics @lemmy.world · 2 months agoSanders introduces bill to raise minimum wage to $17 by 2030, benefits nearly 22 million Americansvermontbiz.comexternal-linkmessage-square209fedilinkarrow-up1671arrow-down114file-text
arrow-up1657arrow-down1external-linkSanders introduces bill to raise minimum wage to $17 by 2030, benefits nearly 22 million Americansvermontbiz.cominclementimmigrant@lemmy.world to politics @lemmy.world · 2 months agomessage-square209fedilinkfile-text
minus-squareClassStruggle@lemmy.mllinkfedilinkEnglisharrow-up8arrow-down3·2 months agoThe problem with that happening in the US is there has been no wage growth, only retraction. Between inflation and wage inequality our purchasing power is nearly half what it was 25 years ago.
minus-squarealvvayson@lemmy.dbzer0.comlinkfedilinkarrow-up9arrow-down2·2 months agoThat’s the point. Your problem is that a lot of voters aren’t affected by wage growth. So politicians don’t feel the pressure to enact wage growth. All those senior people will actually vote for the guy who keeps wage growth in check.
The problem with that happening in the US is there has been no wage growth, only retraction. Between inflation and wage inequality our purchasing power is nearly half what it was 25 years ago.
That’s the point. Your problem is that a lot of voters aren’t affected by wage growth. So politicians don’t feel the pressure to enact wage growth.
All those senior people will actually vote for the guy who keeps wage growth in check.