No matter how high they raise the minimum wage, it still is the minimum wage. Prices increase, hours worked reduced, jobs lost and government assistance reduced when people earn more money. Also with price increases, purchases decrease. Way to go Biteme..
Increase the minimum wage and look at prices when they go from the people that make the corm flakes, package the corn flakes, ship the corn flakes, stock the shelves and run the cash register. So add at least 5 times the wage to the product. Still the same 2 cents worth of corn in the package.