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In reply to the discussion: Minimum Wage - to $15 [View all]
 

BGBD

(3,282 posts)
9. $15 would be great
Mon Jan 25, 2021, 04:31 AM
Jan 2021

but I'd also happily take a law that sets minimum wage to a base of $2.65 from 1978 and requires yearly adjustments, on a specific day, dependent on inflation. That would mean the minimum wage in 2021 would be just a little over $10.50 an hour. That would be lower than the proposed $15, but would also keep us from having to have this fight every few years when the old minimum wage gets too low again.

Setting it to inflation would mean it would slowly increase, but it shouldn't change overall costs by percentage for businesses, so long as they keep their prices in step with inflation.

Latest Discussions»General Discussion»Minimum Wage - to $15»Reply #9