3 ms·
If you raise the minimum wage then prices inflate equally. This happens literally every time some bonehead passes a law requiring it. It’s almost like printing
by tourmalinetaco 3y ago
If you raise the minimum wage then prices inflate equally. This happens literally every time some bonehead passes a law requiring it. It’s almost like printing more money never solves the problem.
The problem is and always has been that the government is greedy and takes income tax, a tax that disproportionately affects the lower economic rungs, for no reason other than to line their own pockets. Alongside the black box that is the federal reserve, that is.