Minimum wage means nothing without a Maximum wage. Business owners will never give themselves a pay cut to give you a pay raise. They’ll pass it on to the consumer and then we’ll be right back to the beginning again. You also need to put an end to Capital Gains tax dodging through spurrious loans and stock buybacks. The Wealthy are using it as “free money” glitch and that’s what’s driving up inflation more than anything.
We (i.e. legislators and advoacy orgs) should go through the effort of writing bills to do all of those things too. Pieces of it could get picked up in other bills as amendments. The point is not to just give up because you think putting any one improvement together is useless until everything is already put together nicely.
oh, I’m not suggesting that we stop trying, but if we solve the underlying issues that cause the need for Minimum wage increases, they will be necessary less often, or, even be able to be reduced with no ill effects to overall cost of living. It’s not a zero sum game, and there are many factors at play. Focussing only on one aspect will never SOLVE the problem, merely kick the can down the road.
Minimum wage means nothing without a Maximum wage. Business owners will never give themselves a pay cut to give you a pay raise. They’ll pass it on to the consumer and then we’ll be right back to the beginning again. You also need to put an end to Capital Gains tax dodging through spurrious loans and stock buybacks. The Wealthy are using it as “free money” glitch and that’s what’s driving up inflation more than anything.
We (i.e. legislators and advoacy orgs) should go through the effort of writing bills to do all of those things too. Pieces of it could get picked up in other bills as amendments. The point is not to just give up because you think putting any one improvement together is useless until everything is already put together nicely.
oh, I’m not suggesting that we stop trying, but if we solve the underlying issues that cause the need for Minimum wage increases, they will be necessary less often, or, even be able to be reduced with no ill effects to overall cost of living. It’s not a zero sum game, and there are many factors at play. Focussing only on one aspect will never SOLVE the problem, merely kick the can down the road.