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Related to raising minimum wages - why is the purchasing power of our current wages always falling? If the purchasing power of $10 was constant over ten years,
by wonder_er 9y ago
Related to raising minimum wages - why is the purchasing power of our current wages always falling?
If the purchasing power of $10 was constant over ten years, minimum wage would not need to go up. If the purchasing power of $10 went UP over ten years, that would be good for the poorest among us, yes?
- walshemj 9y agoDeflation is not good for an economy or poor people either