Consider affecting a long-term price freeze on market goods and services to avoid inflation from minimum wage increase.

In consideration of the pending action for increasing the Federal Minimum Wage standard, it cannot be ignored that many businesses will attempt to offset the cost increase of their workforce by passing off the expense to the public consumer through potentially dramatic increases to the retail price of goods and services. This action has the potential to further devalue the purchasing power of the American dollar, thereby invalidating the premise for the original increase. We implore the President to consider affecting a retail price freeze to allow the adjustment to minimum wage to not be undone for a duration of no less than two fiscal years. This will help to insure that this nation is not thrown into a state of fiscal shock in reaction to the adjustment in the minimum wage standard.