I started to put this in Great Debates but I really don’t feel like debating it as much as just hearing other peoples views or logic on the subject.
My logic tells me that there are a number of very important factors involved that will do more to hurt the ones that it is intended to help. I suspected this when minimum wage talks became active again. My first and most important thought is that if the wages go up to a full living wage it will become more attractive to a larger number of people. The employers will have a larger pool to select from and will tend to select the creme of the crop, leaving a part of society that struggles for jobs even in a worse situation.
My second thought is that it will put some places out of business costing more jobs and it will also raise the prices of food for those who are already struggling.