It has now been 15 years since the federal minimum wage rose to $7.25 - eviltoast
  • Maggoty@lemmy.world
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    3 months ago

    Have you met an American corporation? They don’t care about the plight of other companies or corporations. In fact that’s just a weakness to be exploited.

    The only thing I could see this doing is giving us cost push inflation. It’s true that moderate increases don’t increase inflation but quadrupling it would absolutely create inflation. Especially in the middle of the country.