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Minimum wage increases are going to be washed away by the immediate inflation generated by the massive jump in buying power on the demand side and by the inflat
by culopatin 4y ago
Minimum wage increases are going to be washed away by the immediate inflation generated by the massive jump in buying power on the demand side and by the inflation generated by the increase in supply costs caused by the increase in wages.
Not to mention many companies would probably move more of their operations to other countries and just sell their stuff online and not have to hire anyone here.