#10484 ⇧ (+10/-0) ⇩
< pikhq> Michigan has an inflation-indexed minimum wage...
< pikhq> With a cap.
< pikhq> Inflation will not go up more than 3.5% nor will it go up if unemployment is over 8.5% at any point in the previous year.
< pikhq> Erm, minimum wage will not ...
< Lisimba> pikhq: because if there is unemployment obviously the solution is to pay people relatively less?
< Lisimba> How does that work?
< Bucket> Poorly!
< Lisimba> Well, apart from that.
< cnf> nice choice of words Bucket :P