[oldbrowser]

That is about a 25% increase in the minimum wage. Soon to be followed by a 25% increase in many other people's wages and a corresponding increase in prices. The only people that will get stuck is those on a fixed income or those with accumulated savings. Those will see a 20% reduction in their purchasing power.

[cuban leaf]

The only people that will get stuck is those on a fixed income or those with accumulated savings.

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Remember the inflation of the Carter years? A friends retired parents saw the value of their retirement funds drop so much they had to go back to work.

Inflation is how the government robs the people.