If minimum wage was to jump up drastically. Would this effect other wages in anyway? Has this happened in the past?

There is no definitive answer to this question as it would depend on a number of factors, including the size of the increase, the economic conditions at the time, and the types of jobs affected. In general, however, a large increase in the minimum wage could lead to increased wages for other workers, as employers may raise wages in order to remain competitive or to offset increased labor costs. Additionally, a significant increase in the minimum wage could have ripple effects throughout the economy, leading to higher prices for goods and services. There is historical precedent for this: in 1968, when the minimum wage was increased by more than 50%, there was an inflationary spiral that led to higher prices for many items.

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