You also price the bottom end out of the market. Sure mega-corps can afford to pay workers more, but half employees work for small businesses which are very sen

You also price the bottom end out of the market. Sure mega-corps can afford to pay workers more, but half employees work for small businesses which are very sensitive to minimum wages. When wages go up it can be harder for employers to justify hiring teenagers, older, or disabled folk for entry level jobs like being a bus-boy.