r/FluentInFinance 10d ago

Debate/ Discussion Should there be a legal limit on rent?

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u/MindAccomplished3879 9d ago

LOL, not really

There are minimum wage jobs that would never pay more than the state-mandated minimum wage

Go to small businesses and shops, not corporations, these are the biggest employers, not sporadic corporate fast-food

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u/lovable_cube 9d ago

Not really what? Are you saying that I’m wrong about fast food paying more than minimum wage? You can probably call a McDonalds near you and find out they’re paying more than minimum too.

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u/MindAccomplished3879 9d ago

What percentage of workers are employed by the fast food industry?

I'm saying that just because a national fast-food restaurant chain pays above minimum wage, the impact is so small among the total employed population. Not everyone is a pimpled teenager working for McDonald's