cross-posted from: https://lemmy.zip/post/33332812
Sanders used the findings of a recent working paper to denounce Republicans’ determination to pass tax cuts that will benefit wealthy Americans the most.
cross-posted from: https://lemmy.zip/post/33332812
Sanders used the findings of a recent working paper to denounce Republicans’ determination to pass tax cuts that will benefit wealthy Americans the most.
No, the way to read that is: a home costs about 11,000 hours of labor at that time. So assume 400k house, that would mean $36/hr min wage. Now that will be much less in rural areas, but the wages have not kept up with inflation (or productivity). Demand higher wages.