Remember all the retarded hand-wringing over the prospects of paying people a $15/hour minimum wage? Remember me saying that wasn’t nearly high enough? Remember the mean old math? Eh?

It’s still not high enough, but IBT reports Costco is about to take a strong step in the right direction by raising US hourly wages to over $30 per hour.

Why’s it not high enough? Math. If labor costs had kept pace – I tire or rehashing this over and over – with other large ticket items (homes, education, medical, etc.), then the current minimum wage would be $40+ per hour. And the overall average salary would be in the $350,000 per year. Instead, we have pushed the mass financialization envelope past the breaking point. $30 will help. But the late increase (by the one company alone) reflects the truth that the last thing that ever increases under this evil and doomed system is pay for ordinary people. Still, very good on Costco and maybe send them some business.

Future solution: 1) real money; 2) cancel the (fake) debts, and; 3) burn the usury-mongers and their pet fanatics and enablers.