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comment by kleinbl00

LOL I think Powell is about to say 'we give no fucks about inflation' because Powell is a year away from saying 'we can't do shit about inflation'.

The way the minimum wage fixes that is if you tie it to local cost-of-living increases that you calculate yearly or quarterly. And that's not going to happen without some serious political revolution.





am_Unition  ·  1310 days ago  ·  link  ·  

It could be done federally, scaled by the existing federally-appraised per diem recompensations for gov't employee travel expenses, which vary significantly between regions/cities. Obviously, nowhere near perfect, but perhaps a decent band-aid.

kleinbl00  ·  1310 days ago  ·  link  ·  

You have my vote.