US Rep wants to raise Minimum Wage to $50 Bucks an Hour...

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SinisterSlay posted...
Some part of that seems wrong.

We know inflation has caused all prices to double since 2012.
Did anyones wage quadruple in these last 12 years? mine didn't

The causality doesn't go both ways. Increasing wages by 10% increases prices by 0.4%. Increasing prices by 0.4% doesn't necessarily increase wages by 10%.
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