In a hundred and twenty or thirty years or something, the dollar will have inflated by 1000 times, so a billion dollars then will be equal to a million dollars now. It’ll cost a billion dollars for a nice four bedroom house.
But we’ll have had a hundred more years to produce anti billionaire propaganda, so a lot of people, especially teenagers, will need it explained to them that being a billionaire isn’t so bad now. The Marxist-Leninists will all be saying that Cyborg Bernie Sanders is an evil billionaire, and us reasonable leftists will be explaining that a billion dollars is just what it costs these days to own a residence in your home state and also in DC, which is necessary for working as a senator.
What we’ll really need to look out for by then is the trillionaires. Good for nothing parasites. There’s no excuse for one person to own a trillion dollars while there are people living on the streets who can’t even afford a measly ten thousand dollars for a cheeseburger meal.
Because those states are small population wise, any attempt to push 7.25 as “normal” on an international forum is disingenuous. treating an issues that is distinct on a state hy state issue as if the federal is the end all be all is a lie of omission. Those same 21 states also have a lower cost of living.
But if you were asked, what is the USA minimum wage, you’d say 7.25. Anything else is irrelevant.
No. I wouldn’t. Because minimum wage varies wherever you are in the USA. Where I live it’s over $13, nearly double. It would be disingenuous to claim 7.25 when literally nobody I know is at that rate.
That’s my point. Stop pushing the shit narrative. Statistically, you don’t know a single soul that’s at 7.25 either. Comparing the UK minimum wage, a country with 1/5th the population and 1/40th the landmass… Acting like the all of the USA is a monolith like the UK is disingenuous.