Right.

And so the question then becomes, well, what are businesses going to do with that increase in cost? And most of the time they're gonna try and shift most of that increase in cost onto consumers in the form of higher prices.

So, so there, there is a possibility for this to have an inflationary effect, and that could, you know, kind of make the inflation that we have already slightly worse.

And at the same time that it has maybe an, an increase in cost negative effect for businesses, it's also going to have a positive impact for workers.

Now $15, you know, like you said, is gonna have different purchasing power in different parts of the state, and I think that it's important to really kind of reframe the conversation about that idea of, of, of purchasing power.

So it's, it's not so much how much income you have that matters, it's the purchasing power that that money represents that really matters.

So if we have an increase from $14 to $15, I mean, that's certainly not going to be a bad thing.

Mm-hmm.

Right.

And so the question then becomes, well, what are businesses going to do with that increase in cost? And most of the time they're going to try and shift most of that increase in cost onto consumers in the form of higher prices.

So there is a possibility for this to have an inflationary effect, and that could kind of make the inflation that we have already slightly worse.

And at the same time that it has maybe an increase in cost negative effect for businesses, it's also going to have a positive impact for workers.

Now, $15, like you said, is going to have different purchasing power in different parts of the state.

And I think that it's important to really kind of reframe the conversation about that idea of purchasing power.

So it's not so much how much income you have that matters.

Can you explain that? I mean, how much is this rise in wage offsetting all of those increases?