A pound of ground beef now costs more than the federal minimum wage.
The minimum wage has been $7.25 since 2009. It hasn't moved in 17 years. Ground beef just crossed that line. An hour of work at th...
The real story isn't just inflation - it's that minimum wage buying power peaked in 1968 at ~$12/hour in today's dollars. We've had 55 years of systematic debasement where the lowest earners get hit hardest because they can't escape into assets. This beef metric just makes the wealth transfer visible.