Comment on USA: The Minimum Wage Should Be $24 per Hour Not $7.25
JoshuaFalken@lemmy.world 6 months ago
Tying the minimum wage to inflation is a good strategy. Combined with a method to keep the executive class from exponentially lapping the labourers, you’d have the makings of a nice first world nation.
The road to getting there isn’t enjoyable though. Just go with the flow, and one day these problems will be irrelevant.
Pogogunner@sopuli.xyz 6 months ago
The government already intentionally understates inflation through changes to the CPI, this would just further incentivize them to understate it even further.
JoshuaFalken@lemmy.world 6 months ago
You’re right of course. I suppose in an idealistic world, elections would be publicly funded, with no methods of outside money to take influence over candidates and therefore policy. A utopian dream perhaps.