Living wages would require a stable currency, a government that has a surplus in revenue, no minimum wage laws and a border wall with limited immigration. Just creating and raising the minimum wage will do nothing but impoverish the people making a wage between the old minimum and the new minimum wage. If I make 15$ now after three years experience from 9$ starting. I will not recieve a 6$ wage increase should the minimum wage be raised to 15$. Now I am a minimum value worker again competing for the same volume of goods that are available. This means prices rise and I can buy less stuff then before. Congratulations, minimum wages destoy prosperity.
Living wages would require a stable currency, a government that has a surplus in revenue, no minimum wage laws and a border wall with limited immigration. Just creating and raising the minimum wage will do nothing but impoverish the people making a wage between the old minimum and the new minimum wage. If I make 15$ now after three years experience from 9$ starting. I will not recieve a 6$ wage increase should the minimum wage be raised to 15$. Now I am a minimum value worker again competing for the same volume of goods that are available. This means prices rise and I can buy less stuff then before. Congratulations, minimum wages destoy prosperity.