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by b3lvedere 2y ago
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- gruez 2y agoBy all official accounts, "everything has tripled in price" is flat out false. Moreover, the minimum wage has gone up in most states. Looking at the top 10 states by population, 7 had minimum wage bumps between 2022 and 2024[1], and in some jurisdictions easily exceed inflation[2]. Finally, most of the states that didn't have minimum wage increases are still on the $7.25 federal minimum wage from 2009, at which time inflation was at historical lows. Needless to say, the opposition to minimum wage increases probably can't be boiled down to "inflation". [1] https://en.wikipedia.org/wiki/List_of_US_states_by_minimum_wage https://en.wikipedia.org/wiki/List_of_US_states_by_minimum_w... [2] https://commons.wikimedia.org/wiki/File:Minimum_wage_by_state_by_year.webp https://commons.wikimedia.org/wiki/File:Minimum_wage_by_stat...
- b3lvedere 2y agoOf course "everything" is a bit exaggerated, but i also doubt this dollar increase will give a lot of people the huge benefit that it is portrayed as.