SB 120-06: Raise the Wage Act - Passed

[Adam Griffin]

I will support whatever we ultimately decide, but I would - assuming until we have no further statute/constitutional resets - love to see us calculate an ideal minimum wage with automatic inflation adjustment so that we never have to worry about the subject ever again. Of course, this might require regular quarterly/annual inflation estimates from the GM in order to be viable, but that's a relatively small price to pay (figuratively speaking!).

[Adam Griffin]

Do we have an alternatively defined inflation metric in Fantasyland currently? If not, are we using CPI, CPI-e, PCE, or what?

[Adam Griffin]

Do we have an alternatively defined inflation metric in Fantasyland currently? If not, are we using CPI, CPI-e, PCE, or what?

Considering the GM team has made stories including inflation numbers, I don't think it'd be crazy to ask us to do that 4 times a year. Could even make it a year-by-year thing if that ends up being too much.

I remember doing monthly inflation estimates when I was GM, so it's definitely doable - but that was when it was just me and there was a lot more leeway at the time in terms of taking into account regional policy changes and the like.

Still, I'm curious: is there any defined metric (by IRL standards or otherwise) on how it is calculated by the GM team in the present day? I don't want to offer an inflation-adjusted amendment if there is no defined way by which to calculate it that is compatible with any restrictions or parameters used by the GM team currently.