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I've always thought that common sense dictates that every time you raise the minimum wage...companies raise the prices of everything to offset it.
So now a guy makes "x" amount of money which is "y" more than he did before. BUT...the cost of everything also went up "y". So it doesn't change anything, just makes our money more worthless in terms of buying power.
Maybe I'm wrong about that. But it just seems like common sense.
Raising the minimum wage isn't the same as a valued worker busting ass and getting a raise as a reward for his hard work and loyalty.
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