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What is a "minimum wage" for?
If you believe it is the minimal wage a person can earn in order to survive, then the "minimum wage" is way too low, it should be raised, and it should go up at least at the rate of inflation.
If you believe it is just a number with an abstract value, then it is totally irrelevant.
No one person in the US, making minimum wage, can pay for rent, food, utility bills, transportation, and healthcare - let alone any additional needs or bills, so who is left paying for the balance?
How much does it cost per year, to house a person in our prison system? Maybe 5 times the amount a person who makes minimum wage makes in a year?
Go figure...
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