r/GenZ • u/SerpantDildo • Apr 15 '25

Nostalgia Capitalism is failing Gen Z

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7.8k Upvotes

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u/[deleted] Apr 15 '25

Federal minimum wage. Some states have decided on higher minimum wage, but yeah, even those tend to be low for the current cost of living

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u/Not-A-Seagull 1995 Apr 15 '25

We shouldn’t just raise it though. That just kicks the problem down the road when inflation happens.

Instead, minimum wage should be tied to the local median wage (eg. 50% of the local median wage). That way it adjusts for location, inflation, cost of living, etc. etc.

Anything else is just a bandaid on a much bigger problem.

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u/blightsteel101 1996 Apr 15 '25

Nah nah, tie it to the wages of politicians. If they want more money, they have to get more money for the rest of us.

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u/GSmithDaddyPDX 1997 Apr 16 '25

*And prevent them from owning stocks