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Nah, when that goes through, the price of housing (and everything else) will go up. Eventually, a new market equilibrium will be reached at a higher price for everything (barring price ceiling exceptions (such as rent control)), completely undoing the benefits of $15/hr minimum wage. We'll be worse off than we are now, as the dollar will be worth less and reduce consumers' purchasing power. It's called inflation.
Living in poverty just got a whole lot more expensive.
jokes on them, anyway, $15 minimum wage only helps people that can stop getting high on drugs long enough to actually go to work.
And they are gonna get drafted to die in Syria when people stop enlisting. 😞😭😭😭😭😊
15 min wage and inflation with a gas tax
The illegals will have all the liberals jobs. I will laugh
Nah, when that goes through, the price of housing (and everything else) will go up. Eventually, a new market equilibrium will be reached at a higher price for everything (barring price ceiling exceptions (such as rent control)), completely undoing the benefits of $15/hr minimum wage. We'll be worse off than we are now, as the dollar will be worth less and reduce consumers' purchasing power. It's called inflation.