You've more than proven you're ineptness in the economic field.<quoted text> Then just quit pussyfooting around and raise it to $20 an hour. Why just go up a couple of bucks? Hell let's let everybody make over $100,000. Then you can tax the hell out of them too. Friggin' libtards are SO stupid!!!
I'll ignore your lack of understanding.
But you might look to Henry Ford, who paid his workers on the Model T line $5 Dollars a day, in a time when that was a very high wage for labor. His contemporaries attacked him for giving too much pay.
But Ford knew that if his Model T was going to be a success, it had to be available to the common man. He virtually created the idea that became the basis for our consumre based economy.
If people don't make a living wage, they can't consume as much. How may cars were sold when only the rich could afford their Dusenbergs, Cords, Packards?? Not that many.
But Ford sold cars by the millions,unthinkable of at the time!! He created the America you grew up in.
the best economic time for America was post WWII. Wages were high, the economy was cooking, consumption was at a peak. You were a child of that era. But you don't get it.
The CEO of COSTCO sees it. But he's an educated man. You, not so much.