You are paying for it

[jms62]

Hyper inflation ? Pretty funny stuff. Raise your prices and see how many people line up to buy what you are selling. I am going to see you raising your prices and not raise mine and crush you. The Hyper Inflation scare tactic against raising the minimum wage is quite tired. You need to seriously worry about DEFLATION like during the Great Depression. We have wealth concentraion that is approaching the level it was prior to the start of the great depression. All we need now is a triggering event for the middle class to shut down spending on everything but the bare necessities of life.

Having said this I am in the camp of raising the minimum wage similiar to what Dell suggested not some absurd doubling.