Empirical evidence, including a study from the University of Washington, suggests that increases in the minimum wage do not significantly affect the prices of food and consumer goods, contradicting claims that costs would skyrocket

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Empirical evidence, including a study from the University of Washington, suggests that increases in the minimum wage do not significantly affect the prices of food and consumer goods, contradicting claims that costs would skyrocket

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Supported voting positions

Raise the minimum wage to $17
Raise the minimum wage to $15

Referenced by

Indexing minimum wages to inflation might not effectively elevate living standards due to potential wage-price spirals, where wage hikes lead to higher inflation, creating a cycle.

US Politics

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To offset higher labor costs, businesses might increase the prices of their goods and services. This could lead to inflationary pressures, affecting not only the cost of living but potentially negating the benefits of wage increases for workers.

US Politics

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