Datasets:

---

innovation-hacking2

/

shitposting_dataset1

like 0

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question.." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nYeah… of course." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nmin wage should be tied to congress's salary, every time they vote for a pay raise they also vote for min wage increase." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nmin wage should be tied to congress's salary, every time they vote for a pay raise they also vote for min wage increase.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nmin wage should be tied to congress's salary, every time they vote for a pay raise they also vote for min wage increase.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nmin wage should be tied to congress's salary, every time they vote for a pay raise they also vote for min wage increase.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nmin wage should be tied to congress's salary, every time they vote for a pay raise they also vote for min wage increase.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nmin wage should be tied to congress's salary, every time they vote for a pay raise they also vote for min wage increase.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nMinimum wage hasn't been tied to inflation on purpose. \nMaybe the question should be \"why hasn't\" it been?" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nmin wage should be tied to congress's salary, every time they vote for a pay raise they also vote for min wage increase.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nMinimum wage hasn't been tied to inflation on purpose. \nMaybe the question should be \"why hasn't\" it been?", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years." ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nmin wage should be tied to congress's salary, every time they vote for a pay raise they also vote for min wage increase.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nMinimum wage hasn't been tied to inflation on purpose. \nMaybe the question should be \"why hasn't\" it been?", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nmin wage should be tied to congress's salary, every time they vote for a pay raise they also vote for min wage increase.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nMinimum wage hasn't been tied to inflation on purpose. \nMaybe the question should be \"why hasn't\" it been?", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state" ]

[ "Funny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Next question.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nThis is just localized communism with classes added in for fun. Don't get me wrong, the minimum wage tied to inflation or corporate profits makes sense, but making it a factor of pay up and down the pay scales within a company seems a little off to me.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nNo. Not in the way that they want to do it at least.\nSure, tie it to inflation when it goes up. But what happens after a year with negative inflation? The minimum wage should decrease, but no law will be structured like that--they'd probably just leave the same minimum wage in place, and that could be really bad.\nI'm fully on-board with raising the minimum wage annually, as needed, based on the economic situation. I do not, however, trust that it will be done correctly if tied to inflation, depending on how it would handle negative inflation.", ">\n\nNah...they'll just fire you. Deflation is pretty rare.", ">\n\nIt is pretty rare. But devastating when it happens.\nAnd if you keep wages too high during it, well, Hoover can tall us how that works out.", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway.", ">\n\nYes.", ">\n\nOh hey, interesting question. Yes", ">\n\nYes when people can’t afford groceries, rent, there needs to be big change. Good luck affording insulin or a proper care at $15. Whoever experiences any sort of hardship from here on out will be homeless.", ">\n\nYes.\nNext question?", ">\n\nIf billionaires paid taxes and even more than they should, because let's face it. No one needs that much money. They shojtbe taxed at 99% of their income. Periodt.", ">\n\nYes. Next stupid question..", ">\n\nYes. Next question?", ">\n\nYes. Next question", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nall wages should be tied to revenue numbers.", ">\n\nNo, they should be tied to productivity.", ">\n\nIt should be tied to corporate profits. The increase would be an order of magnitude higher than pinning it to inflation.", ">\n\nYes. Many people would say businesses would leave but heres the neat part. We’re the biggest market in the world. We can just deny you access to our market if you don’t play our game.", ">\n\nRight? They act like businesses suddenly don't need the profits from the 3rd largest country by population in the world.", ">\n\nFunny how the people already making well above minimum wage never talk as if their higher pay effects inflation it's always the minimum wagers who get the flack like they're the ones pushing inflation some how.", ">\n\nI believe this part is somewhat correct.\nIt's the flipside of the argument that the best way to handle tax cuts is to give it to the poor rather than the rich. Why? The rich often don't change anything or do anything with the increased net income due to the reduction of tax. It just ends up as extra savings. But the poor? They tend to spend it much more quickly, consistently and comprehensively. This puts the money into the system more quickly and more powerfully since it multiplies more.\nWell... what is that? That's expansionary pressure. It's often the goal of tax cuts. That's more or less tied to inflation.\nSo it does make sense (at least at first glance) to consider increasing minimum wage as of greater consequence to inflation than increasing salaries of upper and middle class folk.\nIt just seems backwards however. Yes, there are complicated intertwining issues here. But we ought to be increasing minimum wage tied to something like inflation or cost of living or given enough time the minimum wage becomes useless. So it's because of inflation that we ought to raise the minimum wage regularly.", ">\n\nThe worst stimulus ever was the mass fraud and forgiveness of the PPP program. A massive giveaway to the people who need it least. \nMy local Silicon Valley Porsche dealer literally has no cars to sell. They were all purchased right about the time that PPP loans were written off the books. Is there a connection?", ">\n\nI spent 100% of my PPP loans on salary for employees who would have otherwise been laid off due to lack of work. Other expenses (like rent, utilities) came out of my own pocket.\nSome people screwed the system with PPP loans, but lots of us used it to survive.", ">\n\nMy boss got 14k didn't pay me for my work and years later I'm still in the process of suing him.\nIf I had stolen 10k from him I'd be in jail or on probation", ">\n\nYes.", ">\n\nWe done here?", ">\n\nNo, it should also be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nI didn't say solely tied to inflation, but it should be a factor.", ">\n\nOf course it should, it was originally designed to keep pace with the cost of living until it was changed in the late sixties.", ">\n\nThis would actually help inflation because inflation that was a result of price gouging would actually increase the minimum wage. This tying the minimum wage to inflation would create a disincentive for companies to raise prices without justification.", ">\n\nIf it's the \"minimum wage\", then yes. Because inflation would make the cumulative wages lower value to the basket of goods it's supposed to supply for the buyer.\nBut if \"minimum wage\" is just an arbitrary number meant to keep a chunk of the population at a suppressed standard of living, then I guess we can just keep on doing what we're doing.", ">\n\nYes. Inflation almost never reverses itself. People need to fucking pay their rent and groceries.", ">\n\nIt should be illegal to have a job that doesn't pay enough for you to live on.", ">\n\nLMAO I know what you probably meant by this but I had a mental image of a fast food place getting raided by the feds because everyone who works there makes like $12 an hour.", ">\n\nI'm serious. I'm not saying you should be able to live like a king but yeah, working a fast food job should get you enough for a place to stay and food to eat. And I don't mean the leftovers they let you take home at closing.\nI also want rent to come down to something reasonable but that's sort of a separate issue.", ">\n\nOf course. How is this even a question?", ">\n\nThis is a good idea", ">\n\nNo. Please keep paying me in shit.", ">\n\nYes, yes it should.", ">\n\nObviously yes.", ">\n\nYes. Or at least tie it to the pay of Congress. When they get a raise, MW goes up by the same %.", ">\n\nYes. Next question.", ">\n\nNah. Minimum wage should be tied to the cost of living in an area. Inflation just changes the COL.\nA Starbucks employee in San Fran should make more than a Starbucks employee in Maine.", ">\n\nWouldn’t having it be tied to LITERALLY ANYTHING be better than letting it stagnate for 20 years? National inflation, local cost of living, new money printed, s&p500, literally anything.", ">\n\nPart of the problem is corporations are now addicted to low wages. They no longer factor in periodic increases to minimum wage and now see an increase as a massive affront to their profits.", ">\n\nDuh", ">\n\nFunny as soon as we start to see minimum wage go up inflation goes up 10x higher than normal. Companies will never allow themselves to make one penny less, so as long as wages increase, inflation will outpace it. Because fuck everyone else but the “winners” at the top.", ">\n\n20 years ago i delivered pizza at federal minimum wage of $4.75/hour and gas cost $1 a gallon. Now gas is $4 a gallon, federal minimum wage is not $19/hr.", ">\n\nFederal minimum wage in 2003 for pizza delivery was 4.75? \nThis dont seem right.", ">\n\nI looked it up. It was $5.15, that's still low though. Like, damn.", ">\n\nAnd the reason that seems low? Inflation!", ">\n\nYes", ">\n\nObviously, yes. Its a moot point because that is entirely off the table.\nIf I had to guess, about 50,000 people would have to die to get a policy like that enacted. Things like this are anathema to the ruling class. It is entirely non-negotiable.\nAnd one thing's for sure - Americans don't have the guts for it. Not even close.", ">\n\nCovid took more people and that didn’t change shit.", ">\n\nYea I’m probably vastly underestimating the severity of civil conflict that would cause the ruling elite to give up their stranglehold on wages\nDepends on how organized though. If it came from a place of worker power - multiple large powerful unions working towards these kinds of causes - it’d be less bad. The government would still murder those on picket lines like in the past but it’d get the job done quicker and cleaner.", ">\n\nI used to work at a hotel that refused to give wage increases because my province, at least at that time, had regular minimum wage increases. My employer saw the minimum wage increase as a pay raise. He also cut departments and just piled work onto our department, still refusing to raise pay.", ">\n\nNo. People should starve and die of easily preventable diseases while living in substandard housing. \nPolicies such as this would require billionaires to pay income taxes. That simply isn't fair.", ">\n\nRecord corporate profits are causing inflation.", ">\n\nMaybe to compensation of c-suite executives.", ">\n\nHell yeah!!!", ">\n\nYeah… of course.", ">\n\nDoes a bear shit in my mouth?", ">\n\nmin wage should be tied to congress's salary, every time they vote for a pay raise they also vote for min wage increase.", ">\n\nWhen inflation falls do wages follow as well? \nWill inflation ever decrease at that rate?", ">\n\nDeflation in the last 120 years is rare.\n1930's, and 2007 to 2008.\nPeople are unemployed instead.", ">\n\nThe engineer in me just sees Positive feedback, though maybe an economist can correct me", ">\n\nAs an engineer also, that is what it looks like at face value. But we deal in hard science we can actually test and prove. Economics? Half this shit is made up anyways.", ">\n\nMinimum wage hasn't been tied to inflation on purpose. \nMaybe the question should be \"why hasn't\" it been?", ">\n\nThat depends of on the status and interests of the individual asked. Billionaires and the 1% spent a ton of money on political contributions and political advertising opposing any increases to minimum wage because they want to be in control of the set amount they are mandated to pay as well as any additional compensation the elect to provide in addition the that minimum. \nThese rich elite do not have any faith in our government to do the right thing so they elect and support officials willing to act in their personal interests rather than ones who vote for the majority opinion of the voters within. \nI think minimum wage should have always kept up with the rate of inflation at a minimum. You can look at salary data and it’s easy to price that CEO and Executive compensation has in creasy exponentially in the last 20 years while minimum wage has remaine flat is proof that class warfare exists and one side has extreme advantages. Meanwhile inspire of two decades without an adjustment to minimum wage taxes, utility rates, food costs, housing costs, student loan debt balances have increased in each of the past 20 years.", ">\n\nI don't know. What do the economist's say?", ">\n\nit should then be adjusted for cost of living in the area of work. A minimum wage in downtown LA/NYC/SF should not be the same as in rural -pick-your-red-state", ">\n\nIn my state minimum wage is indexed to inflation. And individual cities have higher minimums that reflect their higher cost of living. Also, the highest US minimum wage. Mandatory paid medical insurance, medical leave, unpaid family leave. Still nowhere near enough, but strangely our jobs economy is so strong you can't get people to apply to work for the legal minimum anyway." ]