Should employers pay their employees more to cover the cost of living?
I think the obvious answer would be yes since we're all slaves to the system, but of course companies don't want to lose money so they aren't going to give their employees a reasonable raise even when the cost of living continues to increase. I think it's fair to give out bigger raises to people willing to put more effort into their work, but at the same time depending on the job the people putting more effort will eventually get tired and start slacking off once they realize they're just a slave.
Monetary Literacy & Mastery Foundation