Post #1862614

> Companies with more than $1 billion gross revenue or more than 500 employees would be scheduled to increase their minimum pay to $25/hour by 2031, while smaller employers would be on a longer timeline to reach $25/hour by 2038. I wish we would stop chasing moving targets here. 2031 is just 5 years, but what will it mean with inflation? Using an [inflation calculator](https://www.usinflationcalculator.com/) and comparing $25 from five years ago (2021), to today's inflation rate, it bring us to $30.47 in 2026. Over five dollars in five years. I'm no mathematician or economist, so correct me if I'm wrong, but if inflation continues this trend, wouldn't enacting a $25 wage in 5 years still bring us below a minimum living wage? That is, if we'd started the fight for $25 five years ago, maybe it'd make sense to make it that number today. But by picking a target that makes sense today and pushing it 5 years into the future, doesn't that mean it'll be $5 weaker (or whatever change inflation causes) when it finally rolls out? Calculate future inflation before picking the target, then tie the number to inflation, damn it. These low numbers just mean we'll keep chasing new minimums and will always be left behind.