Uncensored2008
Libertarian Radical
Ya know the only thing I dont get about it, is Australia has like a US $15 dollar minimum wage, how do they get away with it? if you use google, big macs dont cost that much more over there and their UE is like a "official" 5.7% but the UE for 15~ 19 year olds in Australia is like 16%......, is it because they are small or something?
Yeah, it's $5.20 down under, or nearly 90% higher in price. This tracks with value - the wage was increased - but the purchasing power did not increase, it merely pushed prices up.
Big Mac Index - Wikipedia, the free encyclopedia