A pair of progressive Democrats unveiled a bill on Tuesday that would raise the federal minimum wage to $25 per hour, considered the bare minimum a single adult needs to meet the cost of living in much of the US.
The Living Wage For All Act is the first bill to be introduced by the newly sworn-in Rep. Analilia Mejía (D-NJ), who won a special election earlier this month after helping to lead the fight for a $15 minimum wage in her home state of New Jersey.
The USA is a consumer economy.
Consumption is good. Higher wages, more consumption.
Businesses are ALWAYS raising prices, we’ve had 20 years with seven bucks an hour minimum, and that sure as Hell didn’t keep prices the same.