The majority will agree: every worker deserves, at minimum, a living wage—with enough left over for some disposable income at the end of the day.
The solution seems simple: raise the minimum wage to a standard that meets basic living needs. But here lies the paradox, an inflationary pressure. As the wage floor rises, those whose poverty wages were temporarily lifted soon find themselves back where they started, as costs inevitably climb. Meanwhile, all other wage earners gradually lose buying power. So, how do we break this inflationary cycle?
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