reply on: It's more than 10x harder to acquire an SP500 share today than in 1971! \ stacker news ~econ

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21 sats \ 2 replies \ @Undisciplined 25 Feb \ on: It's more than 10x harder to acquire an SP500 share today than in 1971! econ

They stopped raising the minimum wage, because it's a harmful drag on the economy. Why would it be expected to have the same purchasing power compared to 50 years ago?

30 sats \ 1 reply \ @Kenobi OP 25 Feb

Idk, crazy concept to have a living wage, especially when the ACTUAL drag on the economy isn't the increase of your wages, but the actual devaluation of them.

0 sats \ 0 replies \ @Undisciplined 25 Feb

There's more than one drag on the economy.