PROOF that Minimum Wage is TOO LOW | What Happens if Minimum Wage Goes Up

Here is proof that minimum wage is too low.. EVEN IF WE GO TO $15 AND HOUR! Wages used to be tied to productivity and *real* inflation back in the day but there has since seemed to be a divergence and lately minimum wages have been flat.. for 12 YEARS TO BE SPECIFIC! Let's look at what happens if minimum wage goes up and what minimum wages should be if we based the wage on inflation and production.. because who told us to steer away from this to begin with?!? Raising minimum wage is not something that would happen overnight. They would ease in a dollar per year until we reach the desired amount. But by the time they finally get minimum wage to be at $15 dollars a hour, would we still need more? While it is a dramatic difference it STILL puts us below the national median income which really puts things into perspective for me. Instagram: @thecashcompass Business e-mail: thecashcompass@gmail.com For donations: PO Box 814954 Hollywood, FL 33081 Cashapp: $KrystalTodd Venmo: @KrystalTodd My Youtube Set up: www.amazon.com/shop/thecashcompass *Please be sure to do your own due diligence before making ANY financial decisions. On my channel I share with you my research but please verify everything for yourself! I do not give investment advice, just share my thoughts any my choices!* *Some of the links on this page are affiliate links, meaning, I may earn a commission if you click through and make a purchase, at absolutely no cost to you. Affiliate commissions help keep my channel going so thanks for your support!*