Submitted by 0wed12 t3_yemq7v in technology
rickymourke82 t1_itz23ls wrote
Reply to comment by AwfulEveryone in TSMC says efforts to rebuild US semiconductor industry are doomed to fail by 0wed12
The minimum wage argument is weak. Working 20 hours a week making minimum wage in the US puts you in the top quarter of income on the global scale. Statistics bear out that majority of people in the US are making $10 or more an hour above minimum wage. We also have the most progressive tax code in the world. Our problem isn’t a weak minimum wage, it’s the complete waste and incompetence of government to do anything with it. You know why housing is so unaffordable in the US and western world? Because our elected leaders have sold us out to their banker and lawyer friends. The minimum wage argument is for people who don’t want to admit the policies they’ve supported over the years have been complete failures.
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