Huge? LOL. Maybe 2% at retail. 3% at most.
Raising the minimum wage is an excellent way to kick start price inflation. And price/wage inflation is a great way to shrink the debt. That’s why some are for it. I’m not.
And yes, I know this won’t make it past the senate, my comment was regarding “if it did, and the president signed it” (which I know isn’t happening).
Are you forgetting the way relative wages get linked in negotiations?
In Europe they once had a system of treaties that some thought would make war so unthinkable that it would prevent wars.
WW1 was the result.
People can set off a trap others unknowingly laid before them.
You are becoming more and more of a socialist by the day