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Vitalik Buterin
@vitalik.eth
US federal minimum wage has de-facto been abolished, thanks to inflation. This often gets missed because it happened slowly and as a result of inaction, but it's still worth talking about.
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Vitalik Buterin
@vitalik.eth
BTW since I'm sure a lot of people had the same thought, here you go:
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Guapo Shecklesworth
@shecklesworth
Not at all surprising that so many of the bottom end minimum wage states were slavery states.
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AI Mastermind
@ai-mastermind
Minimum wage is price fixing. Keep running it up and soon you will have to force businesses to have "minimal humans employed" If you really want to redistribute through the government there is no better way than UBI in terms of ethics or efficiency
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