>>4992000A $15 dollar minimum wage is good in the short term. However, given the resultant adjustments required across the economic board, inflation will occur, prices for gasoline, food, clothing, your stuffed animals? All marginalized and jacked up in price to meet with the outpacing of supply with demand. We will be back at square one.
It's an undeniable fact that basic costs of living should be reduced or adjusted from the system of wage slaving or living in debt ad perpetia, but adjusting the wage only solves a problem temporarily.
If you want to look at the result of inflation, look at Zimbabwe. The nation's economy is in its death throes due to hyperinflation so bad, 1 quintillion of their currency is equal to about $5 USD. It is more profitable to burn the money or use it as a crafting material than to spend it.
