4 ms·

I must be missing something because to me that's literally the point - the minimum wage should cause other, more complex work wages to rise?

• pydry 5y ago
  Yes, the tweet above presumes that they wouldnt and that it would be somehow unfair if a minimum wake hike meant that a teacher got paid minimum wage. Most arguments against raising the minimum wage are bullshit but they all get trotted out regularly because profits are at stake.
• DocTomoe 5y ago
  If all wages rise (and in turn, cost of living rises accordingly, because now people can afford to pay more rent), nothing will have changed.
  • iso1631 5y ago
    Until you start capturing that increased rent via meaningful land value taxes, perhaps distributed as a UBI
  • bloqs 5y ago
    Right, of course