Critical that it is tied to inflation. Otherwise the system will just rebalance via price to protect profits. That has to be stopped. They have to give all of us a larger share.
Needs to be pinned to local cost of living, defined at the federal level and applied to each state individually.
This would then enable the state legislature to fight for the state with the lowest minimum wage by combatting the rent seekers who cause high costs of living.
Makes sense, cause by the time it gets through, $50/hr would be about right.
Needs to be pinned to the cost of living, and raised annually.
Critical that it is tied to inflation. Otherwise the system will just rebalance via price to protect profits. That has to be stopped. They have to give all of us a larger share.
Needs to be pinned to local cost of living, defined at the federal level and applied to each state individually.
This would then enable the state legislature to fight for the state with the lowest minimum wage by combatting the rent seekers who cause high costs of living.