> 1. Wages are a small portion of the total cost of everything. For example, for a place like Walmart, the bulk of their costs is the products themselves The i

> 1. Wages are a small portion of the total cost of everything. For example, for a place like Walmart, the bulk of their costs is the products themselves The investment retail makes to obtain goods which will be sold for a profit, is Not comparable to doubling the cost of having those goods put onto the shelves. > 2. Only 2.3% of hourly workers are paid the minimum wage. My kids were paid about a dollar over minimum wage to scoop ice cream at their summer jobs, according to some estimates [0] this slight amount over minimum wage accounts for 30% of the workforce. [0]: https://www.pewresearch.org/fact-tank/2017/01/04/5-facts-about-the-minimum-wage/ https://www.pewresearch.org/fact-tank/2017/01/04/5-facts-abo...