LogFAQs > #886031681

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TopicFast food workers strike for $15 minimum wage.
wolfy42
09/04/17 9:09:28 PM
#29:


Troll_Police_ posted...
shadowsword87 posted...
If it works for them, that's fine.
I don't see why people are pissed, other people make money too? HOW DARE THEY.


because when they artificially inflate the country's currency, EVERYONES money is worth less you dummy



Basically doubling min wage would devalue what everyone earns, including those on set incomes, living off 401k's etc. The elderly couple who currently have $1200 coming in per month total, would suddenly get far less from that $1200 basically, and it would be much harder for them to live.

No simple solution here, but there are solutions that could work, it's just not likely they would ever actually be implemented (no profit for the wealthy in it).
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