Many people think minimum wage lowers their wage if they make near the proposed increase.
They aren’t necessarily wrong.
Everything goes up in price more than the minimum wage increase every time it happens because there are no laws to stop price increases like that.
Rent goes up. Any service jobs cost most. Restaurants.
So people already barely making more than minimum lose.
I’m all for minimum wage being a living wage. But it will never be a living wage unless price increases are controlled with min wage increase rollouts.
With hefty fines for violations.
Otherwise min wage increases is pure theatre at best and actually lowers income at worst
Many people think minimum wage lowers their wage if they make near the proposed increase.
They aren’t necessarily wrong.
Everything goes up in price more than the minimum wage increase every time it happens because there are no laws to stop price increases like that.
Rent goes up. Any service jobs cost most. Restaurants.
So people already barely making more than minimum lose.
I’m all for minimum wage being a living wage. But it will never be a living wage unless price increases are controlled with min wage increase rollouts.
With hefty fines for violations.
Otherwise min wage increases is pure theatre at best and actually lowers income at worst
your wrong but ok
So you don’t think that there should be regulations for price increases in rent whenever minimum wage increases?
there should rent controls regardless, 99 times out of a 100 landlords are parasictic scum
in K shaped economy wages, next to taxes, are literally the only way to redistribute wealth to the common man.
Agreed