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Only if you don't count housing, healthcare and education.
by malvosenior 8y ago
Only if you don't count housing, healthcare and education.
- danmaz74 8y agoInflation does count all those sectors. Which, by the way, would mostly be untouched by changes in minimum wages.
- grigjd3 8y agoThe minimum wage doesn't drive costs in housing, healthcare, and education.
- malvosenior 8y agoHow can it not drive up housing? Wouldn't the extra money these employees now make get sucked up into rent?
- grigjd3 8y agoThe cost of housing is driven 100% by demand.