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by bombcar
318 days ago
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There was a (at least local) McDonald's inversion just after Covid; they were paying $20/hr which was competitive or better than the local factories. It's one of those "reset" things you need to do now and then, because it's really easy for an industry like CNA or similar to end up paying less than the gas station for more annoying work. |
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However, I don't think anything that's happened in the last 5 years has helped that. If anything, the inflation has cost everyone dearly, but if I put 20% of my income into stocks I am less impacted than poor people who put 100% of their income into goods and services whose prices have gone up as a result of everyone's wages.