Should wages increase annually with inflation? (user search)
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  Should wages increase annually with inflation? (search mode)
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Author Topic: Should wages increase annually with inflation?  (Read 808 times)
mileslunn
Junior Chimp
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Posts: 5,830
Canada


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« on: January 12, 2018, 03:05:55 PM »

Yes it should with periodic adjustments.  The reason is simply minimum wage is too often used as a political football.  For parties on the left, they do better when they have dramatic rises even if they are not economical while parties on the right who rely more on business owners have every reason to not raise it so it takes the politics out of it and also keeps it stable and predictable rather than have a left wing government dramatically raise it, when they get turfed the right wing government freezes it for many years and then the left wing government when it comes back dramatically raises it so a vicious cycle.
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