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Translation: 27% of Americans still ignorantly believe they’ll keep their wealth
Yeah, the headline is true but wages need to rise to do anything about it, short of UBI which I personally think is unlikely in the US. I think we obviously need a new minimum wage that a person can actually live on, but I would take it a step further. I think it should be tied to market cap. In other words, the bigger the corporation, the higher their minimum wage bracket becomes. This would give some advantage to small, community owned businesses too.