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To End 'New Gilded Age,' House Progressives Unveil Bill to Raise Federal Minimum Wage to $25 Per Hour
(www.commondreams.org)
this post was submitted on 28 Apr 2026
373 points (98.7% liked)
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It won't end the new gilded age, but it can maybe help ease things. Chances are that companies will raise prices far beyond increased labor costs and blame the minimum wage increase. They can do this because there's too little competition in too many industries.