Increasing the Minimum Wage
Ontario is considering tying minimum wage increases to the consumer price index.
This is an ok idea, but the CPI is systematically fiddled to decrease stated inflation, because a lot of costs are linked to it.
A better way is to link it to productivity increases.
But the best way is to link it to increases in the top 1%’s or the top .1%’s income.
(There are better ways in a different, fairer economy. The one I favor is to start it where the person who is at the bottom 10% is. From then on increase it by the average of non-fiddled inflation, average income, and the top 10%’s income.)