Re:Montana to cancel unemployment benefits to address severe...
by pessimizer on Thursday May 06, 2021 @10:33AM
(#27063863)
> it’s hard to walk back wage raises.
That's what inflation is for. The problem is that the minimum wage should increase with inflation. Inflation is best used to lower the pay of the higher paid, not the borderline (for which there's no savings because of resultant increases in crime and the need to supplement low pay with transfer payments - which is just subsidy of private industry.)
That's what inflation is for. The problem is that the minimum wage should increase with inflation. Inflation is best used to lower the pay of the higher paid, not the borderline (for which there's no savings because of resultant increases in crime and the need to supplement low pay with transfer payments - which is just subsidy of private industry.)