Newsom signs $25 minimum wage law for all hospital workers, finds out afterward it will cost California $4 billion
Governor Hairspray doesn't pay attention much to California's budget numbers. It's as if putting on a green visor would mess up his costly coif.So, in no surprise to the rest of us, Gavin Newsom was in fo...
Completely disregarding minimum wage laws--inflation is hitting so hard we're going to blow right through $15 and up to $25 very soon just to make ends meet.
$100k is pretty much what $50k was in 2020.
Its worse and only climbing beyond that. You can gauge by fast food restaurants: You could get a burger meal, all standard sized, for $5 in 2020. Now it's nearing triple the cost. Taco Bell is definitely triple in the same time frame. Chic-Fil-A, same. Burger King, same. All of them, same.
Dont even get me started on the insane grocery store prices in the same time span. Therefore, I would offer that $50k in 2020 is more in the neighborhood of $125k-$150k now.