normal price increases happen all the time, and we all deal with them. but this issue isn't about that.
with a significant increase in labor costs, it's going to affect everything else more quickly and more dramatically. the idea that a big mac will only go up seventeen cents is foolhardy. the idea that business owners will accept losing profits is foolhardy. the idea that the guys already making more than $15 an hour will be content to stay right where they are is foolhardy.
you've heard of trickle down economics? well, this is going to be trickle up.
and all of those costs are going to be passed on to consumers, who will be spending more of their money for essentials. it's going to have some serious consequences to the big picture.
whenever the beginning of the move to $15 an hour happens, go around to see what your usual purchases cost. in a year, check and see what those prices are. and do that every year another dollar is added to the minimum wage. seventeen cents? bwhahahahahaha!!!