No, you don't get it. All you see is one number, $10. It's a $10 difference because of 3 sub par contracts in a row. We're behind right now. Top rate should be closer to $45 today. A good contract, which is what I would like to see, is a baseline 3% raise per year, that matches inflation if it goes over 3%. With this years crazy inflation, at contract time that would bring that $45 we should be at, to $50.
But wow man, no one's losing anything or soaking anyone. Why is it so easy to say that companies will just raise prices if we raise the minimum wage, but can't use that same logic here?