Birdwatch Note Rating
2023-07-17 16:53:34 UTC - HELPFUL
Rated by Participant: 680279CE5703475AFA4CBAA8D694FBAC6B9BFB9A4A2D13F05C794FB3016E6680
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Original Note:
Inflation is a federal and global phenomenon, but the federal minimum wage has not changed from $7.25 since 2009. https://www.dol.gov/agencies/whd/minimum-wage/faq Moreover, inflation is not significantly higher in states that increased their minimum wage. https://www.investopedia.com/ask/answers/052815/does-raising-minimum-wage-increase-inflation.asp#:~:text=Historical%20data%20supports%20the%20stance,industry%2C%20or%20composition%20of%20labor.
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