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I don't think they are saying anything like that. I think they are saying that a minimum wage increase would bring the lowest earners closer to the higher earne
by shawnz 8y ago
I don't think they are saying anything like that. I think they are saying that a minimum wage increase would bring the lowest earners closer to the higher earners, rather than causing inflation across the board. So that's a good thing if you care about wealth inequality.
- throwaway080383 8y agoYes, to be clear, I think raising the minimum wage and decreasing wealth inequality is a good thing, even if it marginally negatively affects me in the short term.
- baldfat 8y agoI think inflation is just what people on the conservative economic side like to always throw out. Inflation is the new Bogeyman - https://www.bworldonline.com/inflation-become-bogeyman/ https://www.bworldonline.com/inflation-become-bogeyman/ Edit: After submitting for 1 minute The number one weapon against doing anything to help the working poor is that it will cause inflation. It's a hollow baseless argument.