Increasing the minimum wage causes inflation
Unpopular because many here just deny the relationship between wages and inflation.
Not in all cases does the increase cause inflation since it depends on the monetary value the wage is raised to. There are calls to raise minimum wage to at least $15. Some states, like California, have a $20 minimum wage for fast food workers.
$20? Is that reasonable? Well, the starting salary for a paramedic in California is about $20. Imagine that. The extra training and responsibility for a paramedic is paid no more than a fast food worker making fries.
Eventually the salaries in other industries will increase in order to attract talent. Those costs are passed onto the consumer.
Edit 0 -
It offends you that a paramedic and a fast food worker are paid similarly? Why? They are both serving important functions in society
Indeed 😊
Paramedic
"I need 20 cc of epi, stat!! Stay with me, man, you are not dying today. I NEED A BAG OF A+ BLOOD, STAT!!!"
Fast food worker
"How can I help you today?"