The inflation caused by the minimum wage increase will make your purchasing power decrease greatly. If you’re making $25/hr you won’t be getting the same raise as minimum wage high school workers. The only change will be your cost of living going up.
The prices of the goods on all those low wages businesses have been going up forever. 3 soft tacos runs like $8 where I'm at. 9 soft tacos would pay the employee's minimum wage every hour.
The money is there, it's just going to the banks and the landlords or business owners.
The inflation caused by the minimum wage increase will make your purchasing power decrease greatly. If you’re making $25/hr you won’t be getting the same raise as minimum wage high school workers. The only change will be your cost of living going up.
The prices of the goods on all those low wages businesses have been going up forever. 3 soft tacos runs like $8 where I'm at. 9 soft tacos would pay the employee's minimum wage every hour.
The money is there, it's just going to the banks and the landlords or business owners.