
prices are going up regardless, they have for years. wages have stayed stagnant for many across the country. even washington dc’s minimum wage of $17.95 is only $37,336 per year, which is not enough to live in many places like the minimum wage is supposed to be. if we keep letting employers exploit us, we will all be trapped in the paycheck to paycheck cycle working multiple jobs just to survive.
they really haven’t. the average household income is $66,622/yr and with the average housing price of ~$360,591 people struggle to buy houses without putting themselves in debt with loans. the average household spends ~$78,540/yr keeping them trapped in a cycle of debt. and even if you want to say min wage isn’t a good barometer, it should be the very least you can be paid without going into debt yearly, because it clearly is not.