# Should the Minimum Wage Be Increased to $15?

**URL:** https://boards.straightdope.com/t/should-the-minimum-wage-be-increased-to-15/933945
**Category:** Great Debates
**Created:** [February 28, 2021, 2:26pm UTC](https://boards.straightdope.com/t/should-the-minimum-wage-be-increased-to-15/933945 "2021-02-28T14:26:29Z")
**Posts on this page:** 1
**Showing post:** 7

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### Author: ![DavidNRockies](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/davidnrockies/32/6279_2.png) [@DavidNRockies](https://boards.straightdope.com/u/DavidNRockies)
#### Post date: [February 28, 2021, 3:22pm UTC](https://boards.straightdope.com/t/should-the-minimum-wage-be-increased-to-15/933945/7 "2021-02-28T15:22:41Z")

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One of the arguments against raising the MW is that it will lead to inflation.

But [**this**](https://boards.straightdope.com/t/effects-of-minimum-wage/920726/22) is my usual response to that argument:

> Remember the economic recovery after the collapse of 2008-9 – the recovery where the gains overwhelmingly inured to the wealthiest Americans ?

> By definition, that created/s upward pricing pressure and inflation as all those dollars chase scarce goods.

> But why do we never hear about the inflationary effects of mountains of cash winding up in the hands of the 1% or the 0.1% ? Why is it only apocalyptic when The Lowest Paid Workers In The Country might make a couple extra bucks per paycheck ?

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