Your also working in a field where people werent simply supposed to be grunt laborers. Places like McDonalds and Starbucks arent supposed to provide people a "Living wage" Your not supposed to want to work at McDonalds the rest of your life. I worked there one syear when i was a teen because my hockey coach owned one, half of our team worked their, we didnt bitch about the 5$ an hour wage, because we werent dumb enough to stick around, and rely on it as our sole source of income for the rest of our lives. We were all just happy yo have jobs and a little spending cash so we could go out and party on weekends. Its like when you baby sit which is a first time job to many people, and at the end of the night the family flips you a twenty when you were there for 8 hours, your not supposed to be a bay sitter for the rest of your frigging life, its to get out and do something and learn the concept of working for other people and dealing with the public.
You're referring to a time where there were jobs for all. The new reality is that this economy can and does produce more than enough for all, with half the population working. If the fast food sector replaces people with technology as a result of this wage increase, then it will just make that fact clearer to more people. Win/win imo. It's time for a paradigm shift.
At the time of that post, inflation was at a 53 year low (we have already debated the validity of the measure). Neither the article nor I claimed there was no inflation.
As usual, you're hiding behind the semantics to get out from an incorrect assertion. You do this pretty frequently, thinking that people here are somehow fooled by the sleight of hand. 53 year low inflation is akin to "no inflation" for the sakes of the argument.
My assertion is that prices will not rise dramatically as a result of this minimum wage increase. You think they will?
Your parsing words, would you consider an 8.25% surcharge on everything you buy liek the example i provided, "Dramatic?"
No, I don't think they will, as the wage increase in Seattle is limited to only Seattle. People can simply not deal with businesses in city limits, or open businesses there. If congress mandated an increase to $15 minimum wage, you would see the pressure of this insane change handled through either increased price, increased unemployment, or both.