Comment on DoorDash will let users buy now, pay later for fast food, a possible worrying sign for the economy

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pdxfed@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

One that gets me is the federal minimum of $7.25 wage hasn’t been increased since 2009. It’s the inverse of the atomic test clock at Hiroshima that is reset whenever a nuclear weapon is tested or used; the clock it portends doom whenever it’s count of days is low, the federal minimum wage’s punishing condemnation to poverty of tens of millions of citizens exponentially increases in pain each year it doesn’t change while other goods and services have exploded in cost even in the last 5 years let alone since the great recession when it last went up.

In reality the federal minimum wage is often far more than employees receive so things are worse than $7.25 per hour. Many southern/red states lobbied and passed “tip credit” laws that allows them to steal their employees tips if they make more than $7.25 per hour to reduce their earnings to the federal amount. The actual minimum wage that employers may cost a tipped employee after stealing their tips is $2.13 per hour.

The restaurant and lodging association are a huge lobbying arm that will pivot nicely into the Sharecroppers Management Association where once you go into debt with Doordash they’ll help “place” you in a restaurant where you can repay your “burrito debt”.

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