AeronMelon@lemmy.worldM to Microblog Memes@lemmy.worldEnglish · 3 months agoWon't someone think of the profits?lemmy.zipimagemessage-square17linkfedilinkarrow-up1711arrow-down13file-text
arrow-up1708arrow-down1imageWon't someone think of the profits?lemmy.zipAeronMelon@lemmy.worldM to Microblog Memes@lemmy.worldEnglish · 3 months agomessage-square17linkfedilinkfile-text
minus-squarems.lane@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down16·3 months agoTo be fair, unless you’ve got a fair system to begin with, raising the minimum wage won’t increase purchasing power anyway. Prices just scale up.
minus-squarejellyfishhunter@lemmy.worldlinkfedilinkEnglisharrow-up15·3 months agoThat’s why you go one step further and tie minimum wage to inflation/GDP/cost of living. Hardly done anywhere, but I’d wish that happens.
To be fair, unless you’ve got a fair system to begin with, raising the minimum wage won’t increase purchasing power anyway. Prices just scale up.
That’s why you go one step further and tie minimum wage to inflation/GDP/cost of living. Hardly done anywhere, but I’d wish that happens.
Which study says that?