Raising the minimum wage does nothing to help anybody. All prices will increase to absorb the wage increase, so you are right back to where you started.
I worked for 50 cents and hour minimum wage in 1971.
A Burger King Whopper was 59 cents. Gasoline was 30 cents /gal. Milk was 49 cents a gal. Cigarettes were a quarter a pack....................
Minimum wage is a topic that should be engaged upon at the state level only. If it goes to $15 an hour nationally....a guy working at Pizza Hut in Dothan, Alabama will make a killing on his regular pay/lifestyle. A guy in Boston or SF making $15 will still marginally get by (with escalation of rent very likely following the pay scale increase).
Most burger enterprises will automate to some degree and dump 50-percent of their jobs within three years. If you wanted a minimum wage job....it’ll be harder to find those.
“All prices will increase to absorb the wage increase”
Don’t forget automation....machines don’t need health insurance and don’t take sick days.....or come in hungover. LOL
“I worked for 50 cents and hour minimum wage in 1971.”
Min wage was 1.45 in 1970= about $10 hr today.
IN 1980 I was offered a job in a warehouse at $7hr -that is about $20hr today Job also had 100% paid health insurance, dental, disbility and a 100% paid employer pension plan.
1/2 the country today is living on subsistence wages and no benfits. No wonder they are voting in socialism.
Wages have been artificially kept down for 30 + years. Something is going break and that break is people voting for Sanders socialism.