re: BREAKING: left discovers increased cost of regulation gets passed to consumers

A dollar does not represent a certain percentage of a consumer good. A dollar (any currency) represents a unit of work. Arbitrarily changing everyone's pay, does not make anyone richer or better off.

Regardless of you pay rate. Raising the pay doesn't affect the amount of work that you did.

ex. If everyone got a pay raise so that everyone made a million dollars an hour then the cost of doing business would go way up and a coke would now cost a million dollars. Nobody would have gained shite.

Now if you only raise the pay of 1% of the population, then they would be better off. And a coke would not cost a million dollars. It would end up costing $10,000.

This would screw everyone elses lives up and destroy the entire economy.

Extreme example but the principle still applies with smaller hikes in the minimium wage.

This minimum wage is not designed to help. It is a tool force the USA into system the yields socialist results.