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iopq ,

www.bls.gov/news.release/wkyeng.nr0.htm

Median weekly earnings of full-time workers were $1,118 in the third quarter of 2023. That means half of all people make above this and half make below.

Most people’s problems would NOT be solved if $1,100 went up to say, $1,300

FlyingSquid OP ,
@FlyingSquid@lemmy.world avatar

That’s not a fair wage either, so what’s your point?

iopq ,

$67K is not a fair wage?

FlyingSquid OP ,
@FlyingSquid@lemmy.world avatar

Try buying a house on that.

iopq ,

When did a living wage become “buy real estate” wage? A house in my area is two million dollars. So you guys really want everyone to become a millionaire, huh?

FlyingSquid OP ,
@FlyingSquid@lemmy.world avatar

When living meant affording a home. And no, I want houses to not cost unreasonable amounts just like I want wages to reflect inflation.

iopq ,

If houses would not cost unreasonable amounts then a normal salary would be able to afford one. You can’t demand a salary that can afford a house because houses are NOT reasonably priced, so your demand is not a reasonable one either

FlyingSquid OP ,
@FlyingSquid@lemmy.world avatar

a normal salary

…does not reflect inflation. I have no idea why you think wages that have been stagnant for decades are sustainable or why housing prices are justified.

iopq ,

I don’t think housing prices are justified, which is why not everyone can afford to own. I’d rather build so much housing it crashes the market in all of the cities so that everyone can afford a house on their current salary. It doesn’t make sense to suggest to increase everyone’s wages so more money is chasing the same amount of housing, that would only increase housing prices

FlyingSquid OP ,
@FlyingSquid@lemmy.world avatar

You do know things other than houses cost money, right? And that if you don’t raise wages since the 1970s, but inflation has gone way up since then, all those things cost too much money, right?

Do you even know a single non-rich person?

iopq ,

aei.org/…/have-wages-stagnated-for-decades-in-the…

There was a peak in 1973-1979 where you can make that argument, but in our lifetimes the real wages have grown consistently and have beaten that peak

FlyingSquid OP ,
@FlyingSquid@lemmy.world avatar

The American Enterprise Institute is a neoconservative organization. Of course they’re going to claim wages haven’t stagnated, just like their corporate masters want them to.

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