FoxtrotDeltaTangoEverything is so expensive
WAGES ARE TOO LOW. The minimum wage in 1938 was $0.25/hr. HOWEVER gold was also $35/oz, and currency was pegged to gold still. So some math ($35/.25=140, current gold price of ~$4525/oz /140=~$32) shows that all other things being equal the minimum wage should be $32/hr. To be the same as 1938, which is practically preindustrial times, when labor was less efficient. They’re fucking us. Wake up sheeple.
Let’s not forget that 1938 was at the end of a world financial crisis. I think it was so bad they even gave it a name. THAT’S when minimum wage was 1/140 of an ounce of gold. If minimum wage is a tenner (I’m not from the US, I’m not sure) then we can either call these years the Colossal Depression or move the bad actors from power (pretty much everyone at this point).
I’ve heard that one of the ex governors of California has a tank…