My Ramblings

12 notes

Anonymous asked: I think the comment about minimum wage should be answered instead of dismissed as a joke on the Daily Show. Why is it stopped at $15? Why not up it to $20? Isn't more money better for poor people? Fuck a 'living wage', why can't everyone be middle-class, then, or upper-class? If 'why' is answered then maybe the actual consequences of raising minimum wage can be explored.

rtrixie:

Exactly, it completely disregards inflation. You could pay everyone a minimum wage of a million dollars, for sure, but soon prices would adjust and they’d be equally poor, only on a higher digit level. The thing that matters is the relation between incomes, not the amount of money.