Post #1904410

Interesting article... thanks for sharing. However the article seems to be about explicitly raising the pay of a single class of workers - rail workers or specific union workers - not all low-paid workers like a min wage increase will do. It discusses how the impact of a wage increase is limited as it drives business to other competitors so doesn't result in an inflationary spiral, but it's not so clear that can't happen to some extent with a min wage increase that immediately impacts the entire market and multiple industries. I personally support a min wage increase but this article doesn't seem to make the argument you suggested.