Think of Newtons third law, for every action there is an equal and opposite reaction, wages go up and prices go up, wages go up and taxes go up, with the end result being that those people with their shiny new living wages really aren't all that much better off with higher rent, food costs, gas, utilities, etc., etc., etc.
Oh yeah think of all those people that don't get that lovely wage increase but do get the price increases, people like pensioners and seniors on social security.
Level playing field my A...
I am preparing a thread that shows no historical correlation either way( up or down ) between inflation and raising the minimum wage. It will contain facts, graphs and data so nobody will read it nor try to understand it.
First, if the minimum wage is the same for everybody, then it is by definition a level playing field. So, whatever you want to do with your A, is kind of beside the point.
Second, minimum wage increases usually come in stages so as not to disrupt things too much. So, if it goes to $15, it will take a few years.
Third, if you believe that the government should subsidize your Big Mac for you via food stamps and housing vouchers to McD’s employees, then that is your right. Only you have the right to say how important cheap burgers are to you! (Personally, I would rather see an honest price, but that is just me.)
But, if you do want Big Mac subsidies, it would be the right thing to do to refrain from saying bad things about the people on welfare.