Stats Spotlight
At $7.25/hr min wage, working 40 hr wks, 52 wks/yr, with $0 bills & paying $0 taxes It would take: ~3 wks to make $1k ~7 yrs to make $100k ~66 yrs to make $1M ~6,600 yrs to make $100M ~66,000 yrs to make $1B ~6,600,000 yrs to make $100B ~22,700,000 yrs to make $342B - Elon Musk's net worth
16 years ago today Congress raised the minimum wage to $7.25. And as corporate profits have skyrocketed, executive pay has exploded, & the cost of living has soared—the min wage is still $7.25. Here are 6 truths everyone should know about our corrupt wage system. www.qasimrashid.com/p/the-crimin...
At $7.25/hr min wage, working 40 hr wks, 52 wks/yr, with $0 bills & paying $0 taxes It would take: ~3 wks to make $1k ~7 yrs to make $100k ~66 yrs to make $1M ~6,600 yrs to make $100M ~66,000 yrs to make $1B ~6,600,000 yrs to make $100B ~22,700,000 yrs to make $342B - Elon Musk's net worth
It’s been 16 years since Congress raised the minimum wage. Meanwhile, folks are out here trying to survive on $7.25 an hour. In this economy?! I’m standing with my Labor Caucus colleagues to #RaiseTheWage, because $7.25 ain’t cutting it.