Oh no, here’s where you are wrong. See, it’s a decline for the proletariat only. The bourgeoisie is doing just great.
In Germany the minimum wage is 12.82€/hour. The price for a Big Mac is 4.19€
BM/Hour: 3,07
BMs per hour
“I just can’t stop pooping!”
A big mac is sure to give you multiple BM’s per hour
A Big Mac is $5.19 in my McDonald’s app. Where is this $8 Big Mac?
Probably California but the minimum wage here for a McDonald’s employee is $20 per hour. That’s still more than 2 big Mac’s per hour
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.
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.
I wasn’t alive then but 50 cents seemed low for a big mac, even for the '80s
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.
Big Mac is 5.19 in the app for me.
And I don’t know if this is a good indicator of actual minimum wage, but fast food salary on average is way more than $13 an hour. Funny that Florida is right at the bottom of that list. You’d be better off in West Virginia (brand new sentence).
https://www.ziprecruiter.com/Salaries/What-Is-the-Average-FAST-FOOD-Worker-Salary-by-State
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 $5/hr and it was hard and I didn’t get to buy all the things I wanted but it was fine. These lazy entitled people want several times that much for the same work?!”
So it’s not just basic math but basic economics and a basic understanding of reality that are sorely lacking.
Because minimum wage is defined by laws and has been purposefully kept below inflation. It hasn’t substantially increased (or maybe not at all) in my lifetime.
Brazilian minimum wage: 1,528BRL per month, or roughly 6.30 reais per hour.
Big Mac price: 24 reais, or 4 hours of minimum wage work.
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In Russia its 0.33 BM/hour
https://en.m.wikipedia.org/wiki/Big_Mac_Index
Big macs are actually used as a real economic index
And it’s been used enough that Argentina artificially set the price of Big Macs for a few years to hide their rampant inflation.
Meanwhile in Denmark.
Minimum wage for McDonalds employees: 20$+supplements. Big Mac $7
NO BURGER???
For real though, can’t even buy a 20 piece nugget anymore on an hour’s work, shit’s fucked
These big mac prices aren’t accurate
Now imagine servers on tips…
IMO some of them are just going to work for the shift meal and pinch whatever they can from the place - leftover food, toilet paper, utentils, etc.
All you can do when you’re basically a slave…
