Recent comments in /f/dataisbeautiful

Maguncia t1_jan32ge wrote

That's purchasing power, not PPP ("purchasing power parity") i.e. the cost of living adjustment used to convert income into purchasing power. Regardless, the initial statement is true - the reason that Switzerland's minimum wage would theoretically be lower is that it has a high cost of living, and thus its purchasing power is lower than its income.

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NoBSforGma t1_jan1t2q wrote

No, I don't. I've just seen this happen in other court cases that were decided based on some kind of procedural problem.

Like...."OK, if you don't like us doing it THIS way, we will do it THAT way."

It may turn out that if the Court blocks the current student debt relief, it will say........ "... because something something something" and the Biden Administration can overcome that objection just by doing it a different way.

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