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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (473040)5/5/2021 1:08:42 PM
From: cosmicforce  Read Replies (1) | Respond to of 541886
 
I've pointed out elsewhere (maybe here) - if the $15/hr means that you can't afford an increase in a burger's price from $3.5 to almost $4 (10%) - then you are probably one of the people who'd disproportionately be HELPED by that price increase due to a larger increase in one's wage (here in Bay Area by +20%, other places 100%). Even the percentages are misleading because the purchasing power of a minimum wage job has been dropping for 45 years.

>>Let's just move everybody into the cities, and...and what?

Different issue that has been a social trend unrelated to minimum wages for a couple of centuries. One has very little to do with the other - cities are more efficient places to live.

en.wikipedia.org

Notably, the United Nations has also recently projected that nearly all global population growth from 2017 to 2030 will be by cities, with about 1.1 billion new urbanites over the next 10 years. [6]