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this post was submitted on 17 Aug 2024
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A Boring Dystopia
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If you got paid $11 an hour in 2019, that means on the average you now make $14.52 an hour -- which means even accounting for inflation you're coming out ahead.
You're like the third person in the last 24 hours who has persistently failed to understand the entire concept of inflation-adjusted wages -- the idea that someone's wages could rise by so much that even with rent and groceries more expensive now, they could still wind up ahead. You understand that that's what happened, right? Or not yet?
What record is that?
What's your assessment of the meaning of Amazon's quarterly tax rate over time, and its connection to Biden's 15% minimum corporate tax?