@Arlieredeyejedi@Dan03292062 @DrSmith504 @amazonnews@SenWarren From the study, "increases in prices following minimum wage hikes generally occur in the month the minimum wage hike is implemented (and not in the month before or the month after)"
@Arlieredeyejedi@Dan03292062 @DrSmith504 @amazonnews@SenWarren I'll take it you either didn't read the study or didn't understand it. What you said makes no sense. The study analysed prices vs wages on a per month basis, not just overall on a 37 year period
@Arlieredeyejedi@Dan03292062 @DrSmith504 @amazonnews@SenWarren You can't disagree with data. "in the U.S. from 1978 through 2015, they found that a 10% increase in minimum wage only accounts for around a 0.36% increase in prices" https://t.co/P8C9lS2mk2 https://t.co/37sOQWwEWn
@Dan03292062@Arlieredeyejedi @DrSmith504 @amazonnews@SenWarren History would disagree with you. The only time that has happened in modern history is California's recent min wage change. However there's a whole lot of reasons why it caused inflation, it's not nearly as simple as what you've said