That would imply there are people sitting around doing nothing waiting for higher wages. But that's not the case, there simply are not enough employees right now.
> Shouldn't people pay more for things if they really want them?
You just need to give the economy some time to catch up, and let supply catch up to demand.
> Why can't we let the "market" handle this?
Because the government is not the regular market. They are able to outbid others, and cause shortages that don't help anyone.
I should have made this clearer: I'm not saying never pass this funding, rather, just wait a little for the supply chain to catch up.