The way the economy works right now, absolutely (Reply #27)

In the discussion thread: After Living in Norway, America Feels Backward. Here’s Why. [View all]

Sun Jan 31, 2016, 12:50 PM

27. The way the economy works right now, absolutely

the only way that wold work for Americans would imply huge changes in the economy, starting with minimum wages federal set at 30, with an annual CPI increase to those wages done automatically across the nation to the same level. Realize 1968 was the highest point where the minimum wage was able to buy stuff, depending on who who you read... there are several schools, this ranges from 18 to 25 current dollars.

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35 replies	Author	Time	Post
After Living in Norway, America Feels Backward. Here’s Why. [View all]	OxQQme	Jan 2016	OP
My Goodness!	riverbendviewgal	Jan 2016	#1
Given the choice of living anywhere in the English-speaking world	hifiguy	Jan 2016	#8
Well don't expect any replies from the Clinton supporters,	elias49	Jan 2016	#9
Norway has a sovereign wealth fund from oil	Yavin4	Jan 2016	#2
U.S.A. doesn't have oil and other similar resources?	hunter	Jan 2016	#10
We don't rely on oil, Norway is heavily dependent on it	LittleBlue	Jan 2016	#13
Well, then, shouldn't we have a higher standard of living than Norway???	hunter	Jan 2016	#22
Which should lead to a better standard of liviung	nadinbrzezinski	Jan 2016	#25
We do have oil, but until recently we didn't allow it to be exported.	Yavin4	Jan 2016	#33
And all this time I thought it was because they weren't afraid of socialism...	hunter	Jan 2016	#35
they would seem to have some inequality as well	hfojvt	Jan 2016	#26
The way the economy works right now, absolutely	nadinbrzezinski	Jan 2016	#27
I sorta read with the official CPI	hfojvt	Jan 2016	#28
Trust me, poverty is a complex issue	nadinbrzezinski	Jan 2016	#29
Well America is a paid for plutocracy, only the dullest dullard would not have noticed by now.	Rex	Jan 2016	#3
Indeed.	hifiguy	Jan 2016	#4
You probably had a 2-3 year old car because cars were crap back then	Travis_0004	Jan 2016	#6
Bingo.	hifiguy	Jan 2016	#7
The thought of driving 15,000-20,000 miles a year was also unheard of	NickB79	Jan 2016	#32
Doesn't feel backwards, IS backwards.	hunter	Jan 2016	#5
Norway, a capitalist country that is very big on free trade,	Nye Bevan	Jan 2016	#11
A gallon of milk in Norway averages $6.88	LittleBlue	Jan 2016	#12
Yep.	moondust	Jan 2016	#14
"What is it, though, that makes the Scandinavians so different? ... a deep commitment to equality	pampango	Jan 2016	#15
Excellent Read	malaise	Jan 2016	#16
A country the size of Montana, with a smaller population than 22 states	The2ndWheel	Jan 2016	#17
Because, as everyone knows...	ret5hd	Jan 2016	#19
It can get tougher as the scale increases in size	The2ndWheel	Jan 2016	#23
You're implying Norway's smaller population	ronnie624	Jan 2016	#21
Like China or India	The2ndWheel	Jan 2016	#24
Norway and the US are rich Western countries	ronnie624	Jan 2016	#34
I met a pair of Norwegian women on holiday in Chicago	WhaTHellsgoingonhere	Jan 2016	#18
Sitting upon a giant lake of oil helps.	AngryAmish	Jan 2016	#20
I love Norway	LeftishBrit	Jan 2016	#30
kick . . .n/t	annabanana	Jan 2016	#31

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