Eggs-act-lee. Pretty certain that my former employer ain’t gonna bump my retirement up because everything else is going up. Not the way it works apparently. LOL!
Here is the ultimate cause and effect of minimum wage, and social pressure from parents and peers about working fast food. When I first went to work at MickeyD's we had a staff in the store of over one hundred and twenty hourly employees. When I left in '98 the level in answer to wages and staffing difficulties was reduced to under forty through the implementation of new less labor intensive equipment and procedures. And that long before self order Kiosks eliminating the need for cashiers.
Everywhere.....everywhere these nutjobs push their $15 minimum wage jobs are lost and businesses are forced out of the market resulting in even greater job loss!
But hey that the goal of socialism/communism, to have a two tired society the haves and all the rest of us. And people like Steyr, Sanders, Soros, etal, will always be the haves insulated from the fate of the rest of us by money, power or both.