Submitted by SexyDoorDasherDude t3_109x4cp in dataisbeautiful
Comments
SexyDoorDasherDude OP t1_j414qgh wrote
I wouldnt call the entire economy meaningless.
urgjotonlkec t1_j415p1c wrote
What's that even supposed to mean? All I'm saying is that if the minimum wage is $10, but everyone I'd offering $15+ then the minimum wage law isn't relevant.
SexyDoorDasherDude OP t1_j415usp wrote
Because you are making an assumption what is being offered isn't based off the minimum wage.
LinCashew t1_j42f6i3 wrote
they aren't.
it's just a fact that companies are hiring people for higher salaries and minimum wage is lagging behind
SexyDoorDasherDude OP t1_j430fsk wrote
So you're saying if the minimum wage was zero wages would be increasing anyways?
LinCashew t1_j43c313 wrote
obviously, do you think if minimum wage was zero people would just work for free?
comapanies are going to pay as little as they can for the service, they have no reason to pay more just to be exactly 2x minimum wage.
SexyDoorDasherDude OP t1_j4452ol wrote
Is that a yes or a no?
LinCashew t1_j445g35 wrote
POV: you don't know what "obviously" means nor read what people say in a discussion
SexyDoorDasherDude OP t1_j44778f wrote
Ok so what are other labor rights do you want to rip apart?
LinCashew t1_j447zys wrote
POV: you jump into conclusions and think people want to end labor rights just because they explain basic economics to you
They should INCREASE minimum wage because it is lagging behind
jmlinden7 t1_j46iu5o wrote
Minimum wage isn't the entire economy, it's like 1% of the economy. That's basically meaningless
SexyDoorDasherDude OP t1_j46jzcn wrote
"ITS LIKE 1% OMG!!!" -what people with a PHD In Economics say
goodluckonyourexams t1_j41wksb wrote
top left has redundant bars
top right I don't understand
SexyDoorDasherDude OP t1_j40qqjp wrote
CutiePopIceberg t1_j40vgce wrote
This is intetesting! And the data is presented beautifully. Though perhaps exagerated a bit? At least in MA the graphs use the median in boston. Statewide it s about $6 less. However, the larger point the graphs make, that there is a HUGE gap between minimum and the median (assuming the median is relational to cost of living idk), is significant.
Immarhinocerous t1_j40vsn5 wrote
I wish the axis on the bottom right charts were not grainy. I cannot tell what the scale of the bars mean.
jhngrc t1_j45g908 wrote
The bar graphs are wildly misleading. Only 15-20% difference in value but the higher bars are 5x longer? Start your x-axes from zero.
[deleted] t1_j40uvwa wrote
[removed]
DrTonyTiger t1_j41p23u wrote
From a visualization standpoint, it would be stronger to illustrate a gap with a visual gap. could you lay out the graphs so the image and the metaphor match?
libertarianinus t1_j425ymn wrote
No wonder why California food is so expensive. California fast food was going to be $22 but was blocked for 1 year.
urgjotonlkec t1_j4149qf wrote
I live in NJ and don't see anyone offering less than $18/hr. Minimum wages across tge country have basically been rendered meaningless by inflation.