• MrScottyTay@sh.itjust.works
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    10 hours ago

    Raising wages inflation can also cause issues as it can at times solidify the inflation that’s happened because now the cheapest thing to make now costs more to make such means people need more money to buy things.

    Which is why whenever minimum wage increases it didn’t seem to actually fix anything, it just keeps the status quo where the working class are struggling, kept at the point of struggle. It’s like financial edging.

    The issue that needs to actually get solved is for the rich to be less likely to hoard wealth and to stop paying c-suites exorbitant salaries, and actually being hard as fuck on their proposed taxes instead of letting them dodge it.