Math Is HARD & Probably Racist…Oakland's New Mayor Thinks $50 Minimum Wage Will Solve Inflation Woes

Posted • April 23, 2025: This writer isn't great at math, which is why she majored in English and later got a nursing degree. But she also has a basic grasp of economics and she knows raising the minimum wage doesn't make things more affordable and it certainly doesn't address inflation. To the contrary, it makes things more expensive and makes inflation worse. Yet the new mayor of Oakland thinks a $50 minimum wage is the answer to economic woes: Oakland just elected a new mayor who thinks a $50 minimum wage will solve inflation. Good luck, Oakland. When your economic plan sounds like it was brainstormed in a college dorm at 2 a.m.—but you're running a city. Nothing good comes of this. She never explained how that would be economically sustainable. That was the question that she completely avoided!! Because it's not sustainable. Businesses will leave Oakland. People will lose jobs. The real minimum wage will remain fixed at zero. (…)

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https://twitchy.com/amy-curtis/2025/04/22/math-is-hard-and-probably-racist-oaklands-new-mayor-thinks-50-minimum-wage-will-solve-inflation-woes-n2411737