GenePull@lemmy.worldtoNews@lemmy.world•Minimum wage hikes will take effect in 2024 for 25 U.S. states. Here's who is getting a raise.
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1 year agoYou all are so short sighted there isn’t even a conversation to be had. Try this https://youtu.be/A-I4Vsl-AEg lots of background but you can skip to 15min
The way I see it is higher minimum wage will just increase inflation which is already ridiculous. It would be better to tax/cap corporate profits, limit ceo compensation to 10 or 20x the lowest paid employee’s salary etc. People not earning a living wage is a symptom of broader issues, not the problem itself. By manipulating this symptom there are knock on effects that will just make things worse.
Soundslike things are getting ‘proportional’. Is paywalled BTW.