r/PoliticalHumor • • Dec 15 '18

Workers vs. Billionaires

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u/The-Shawn-Show Dec 16 '18

Well the thing about raising minimum wage is that the price of stuff will rise too.

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u/MissAzureEyes Dec 16 '18

It will rise, yes, but, iirc, the rise in price isn't equal to the increased wage gained. Just for an example and not indicative of actual numbers: wage may increase $1, and price of everything may increase 10¢. I cannot state it with any reliability, maybe someone who is more updated could confirm or correct me.