It certainly shouldn’t be static, waiting on legislators to increase. Tie it to some kind of economic metric that is determined by an independent (non political) body
We have the data to tie it to local cost of living indexes based on rent, food prices, property taxes, etc.
I’ve heard the argument that this would cause inflation because “businesses will charge more if they know people can afford to pay more” which makes me laugh cuz they already doing that shit when we can’t afford to pay more
It certainly shouldn’t be static, waiting on legislators to increase. Tie it to some kind of economic metric that is determined by an independent (non political) body
We have the data to tie it to local cost of living indexes based on rent, food prices, property taxes, etc.
I’ve heard the argument that this would cause inflation because “businesses will charge more if they know people can afford to pay more” which makes me laugh cuz they already doing that shit when we can’t afford to pay more
Hm, pay more or go hungry, what should I choose?
/s