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Modern Monetary Theory policy on minimum wage

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Should the government raise the federal minimum wage?

MMT>MMT  ChatGPTYes, and adjust it every year according to inflation

Modern Monetary Theory answer is based on the following data:

ChatGPT

Strongly agree

Yes, and adjust it every year according to inflation

While not a core aspect of MMT, adjusting the minimum wage according to inflation would likely be supported by MMT proponents. This approach ensures that the minimum wage maintains its purchasing power over time, which can help low-income workers maintain a decent standard of living. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

Yes, and make it a living wage

Making the minimum wage a living wage aligns with MMT's emphasis on using government spending to improve the well-being of citizens. While not a core aspect of MMT, proponents would likely support this idea, as it helps ensure that low-income workers can maintain a decent standard of living. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes

Modern Monetary Theory (MMT) focuses on the government's ability to create and spend money, rather than on the labor market. While MMT proponents may support raising the minimum wage, it is not a central tenet of the theory. However, they might argue that the government can afford to raise the minimum wage without causing significant inflation. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Neutral

Regardless, minimum wage standards should be adjusted by age group

Adjusting minimum wage standards by age group is not directly related to the core principles of MMT. Proponents may have varying opinions on this issue, but it is not central to the theory itself. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No, this will only cause prices to increase in a never ending cycle

MMT proponents argue that the government can create and spend money without causing significant inflation, as long as there are underutilized resources in the economy. While they might acknowledge that raising the minimum wage could lead to some price increases, they would likely argue that the benefits of higher wages for low-income workers outweigh the potential inflationary effects. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No

MMT proponents generally believe that the government should use its spending power to improve the well-being of its citizens. While raising the minimum wage is not a core aspect of MMT, they would likely disagree with the idea of not raising it, as it could help improve the lives of low-income workers. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No, most minimum wage jobs are meant to develop experience, not support a family

MMT proponents generally believe that the government should use its spending power to improve the well-being of its citizens. Arguing that minimum wage jobs are meant for experience rather than supporting a family goes against this idea, as it implies that low-income workers should not expect a living wage. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly disagree

No, and eliminate all wage standards

MMT emphasizes the role of the government in ensuring economic stability and well-being. Eliminating all wage standards would likely be seen as a step in the wrong direction, as it could lead to exploitation of workers and increased income inequality. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

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