|
|
| Re: Early data show $15 minimum hurting Seattle's poor (1389212) | |||
 |
|||
| Home > OTChat | |||
|
[ Read Responses | Post a New Response | Return to the Index ] |
|
||
|
Re: Early data show $15 minimum hurting Seattle's poor |
|
|
Posted by Joe V on Mon Aug 22 17:38:56 2016, in response to Re: Early data show $15 minimum hurting Seattle's poor, posted by Olog-hai on Sun Aug 21 21:30:00 2016. In terms of purchasing power, it is a reduced wage since it has not kept pace with inflation. The $2.50 that it was in the mid-late 1970's would be about $10 - $11 today.As far as devalued currency goes, unless you are converting to foreign currency for a trip, so what ? We are about the same against Canada as last year, about 77 cents, which is much better than at the height of the financial collapse in the 2009 - 2011 period when it was on par and up to $1.07. The dollar has done fairly well. |
|
|
|