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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)
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It won't help. People will still work two jobs.
Every place in America is going to do one thing and one thing only. Every last place is going to jack up prices because they are not going to take the hit. Why not charge you $20 for a small coffee. Minimum wage is $25 what does it matter. It's still cost less than minimum wage... Why shouldn't they jack up rent, insurance, groceries, etc. Corporate greed isn't going to go away just because minimum wage goes up. Corporate greed is going to match and then beat anything. All you're going to be saying in a couple years after this goes in if it went in is that we need to raise minimum wage again.
Unless something is done about the busted system, all were doing is making profit numbers go up (despite the value of the dollar tanking).