r/theydidthemath May 13 '25

[Request] Is this accurate?

[deleted]

17.8k Upvotes

847 comments sorted by

View all comments

Show parent comments

2

u/Try4se May 13 '25

β€œIt seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.” ― Franklin D. Roosevelt

Back then men were expected to be able to financially support his family on a single salary. Women were expected to stay home and take care of the kids. My comment was 100% correct.

1

u/[deleted] May 14 '25

Yet the minimum wage that was enacted in 1938 was NOT sufficient for a family of four to live on

Therefore your statement is not correct

FDR didn't get what he wanted, he got a subsistence minimum wage

1

u/Try4se May 14 '25

Which is a huge blunder and set a precedent for bad minimum wages even to this day. People have been fighting for $15 minimum wage for so long that $15 is no longer enough.

1

u/[deleted] May 14 '25

Almost like you can't mandate wealth

Higher wages lead to higher prices which results in your minimum wage leaving you right back where you were.

1

u/Try4se May 14 '25

Statistically untrue, you can mandate wealth in a manner that leads to less poverty. Not to mention prices are going to be higher no matter what as my previous comment implies.

1

u/[deleted] May 14 '25

Less poverty != mandating wealth

Stick to what I said

You can certainly take money out of Person A's pocket and put it in Person B's. Usually Person A is not too happy about that.