NO BURGER???
For real though, can’t even buy a 20 piece nugget anymore on an hour’s work, shit’s fucked
how does minimum wage only double when products go 16x? jesus the education system really is shit in the US. there would be constant riots in the streets if only people knew arithmetic
I believe the common strawman is “if min wage goes up, prices go up” which… You know just admits the system is there to abuse. “If you make more money then we’ll take more money from you”.
There’s a LOT of people that don’t understand inflation at all. They think something along the lines of, “I worked myself through college making $5/hr and it was hard and I didn’t get to buy all the things I wanted but it was fine. These lazy entitled people want several times that much for the same work?!”
So it’s not just basic math but basic economics and a basic understanding of reality that are sorely lacking.
Because minimum wage is defined by laws and has been purposefully kept below inflation. It hasn’t substantially increased (or maybe not at all) in my lifetime.
BMs per hour means something else in this house
If you’re having 6.20 BMs per hour, God help you.
It’s an aggregate statistic.
IBS: “Hold my beer.”
https://en.m.wikipedia.org/wiki/Big_Mac_Index
Big macs are actually used as a real economic index
And it’s been used enough that Argentina artificially set the price of Big Macs for a few years to hide their rampant inflation.
The last time this showed up people pointed out that big Mac’s cost more like $1.50 in 1980. Still multiple BMs per hour but not as drastic.
multiple BMs per hour
This sounds drastic no matter what the number is.
I’m sorry, I had to.
Plausible with that many big macs, though.
And a Big Mac isn’t $8 around here and no one is paid federal min wage. It’s $13 in Florida and $15 IRL. Using the app to save, it’s probably 2.5 burgers.
In Germany the minimum wage is 12.82€/hour. The price for a Big Mac is 4.19€
BM/Hour: 3,07
I still think it is wild that we don’t include house prices in inflation, cause it was removed to use rent to match the “average American experience” which just means they no longer expect average people to ever buy a house.
So no houses and no burgers.
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These big mac prices aren’t accurate
It is under 6 dollars in 2024 though https://www.statista.com/statistics/274326/big-mac-index-global-prices-for-a-big-mac/
Meanwhile in Denmark.
Minimum wage for McDonalds employees: 20$+supplements. Big Mac $7
Brazilian minimum wage: 1,528BRL per month, or roughly 6.30 reais per hour.
Big Mac price: 24 reais, or 4 hours of minimum wage work.
“Big Mac” now is forever cemented as a mean gay red pony in my mind… thanks, Tamers12345
BMs per hour
“I just can’t stop pooping!”
and what about big PCs?