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Re: $15 minimum wage permits few luxuries in US cities

Posted by bingbong on Wed Jun 4 12:16:55 2014, in response to Re: $15 minimum wage permits few luxuries in US cities, posted by GP38/R42 Chris on Wed Jun 4 12:06:12 2014.

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Ahem. If you haven't noticed, "everything" went up in price so the 1%ers could maintain their ROI despite low to no demand. Which BTW, goes against the "rules" of supply and demand.

It's long about time for wages to catchup. This isn't going to produce an inflationary spiral. When work is attractive, as n providing for one's needs, the economy benefits.

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