vegeta@lemmy.world to politics @lemmy.world · 6 days agoTrump scraps tariffs on beef, coffee and tropical fruit in a push to lower grocery store pricesapnews.comexternal-linkmessage-square24fedilinkarrow-up1143arrow-down12cross-posted to: news@lemmy.world
arrow-up1141arrow-down1external-linkTrump scraps tariffs on beef, coffee and tropical fruit in a push to lower grocery store pricesapnews.comvegeta@lemmy.world to politics @lemmy.world · 6 days agomessage-square24fedilinkcross-posted to: news@lemmy.world
minus-squareSibshops@lemmy.myserv.onelinkfedilinkarrow-up6·5 days agoThere are many ways including supporting unions, raising minimum wage, or less taxes for lower income households.
minus-squareImpound4017@sh.itjust.workslinkfedilinkarrow-up5·5 days agohttps://en.wikipedia.org/wiki/Minimum_wage_in_the_United_States
minus-squareaubeynarf@lemmynsfw.comlinkfedilinkarrow-up1·3 days agohttps://usafacts.org/articles/minimum-wage-america-how-many-people-are-earning-725-hour/ In 2023, about 869,000 hourly workers —1.1% of all hourly workers — earned at or below the federal minimum wage.
minus-squareImpound4017@sh.itjust.workslinkfedilinkarrow-up1·3 days agoYes, but if the minimum wage increases, everyone who makes above minimum wage has a better argument to get a raise as well. Employers have to make pay competitive, and a raised minimum wage sets a new floor that wages have to be based around.
minus-squareAmidFuror@fedia.iolinkfedilinkarrow-up3·5 days agoMake a 5 year plan for what will be produced, set all prices and wages, and then dictate the exchange rate for foreign currencies.
How?
There are many ways including supporting unions, raising minimum wage, or less taxes for lower income households.
https://en.wikipedia.org/wiki/Minimum_wage_in_the_United_States
https://usafacts.org/articles/minimum-wage-america-how-many-people-are-earning-725-hour/
Yes, but if the minimum wage increases, everyone who makes above minimum wage has a better argument to get a raise as well. Employers have to make pay competitive, and a raised minimum wage sets a new floor that wages have to be based around.
Make a 5 year plan for what will be produced, set all prices and wages, and then dictate the exchange rate for foreign currencies.