Yeah, those were just random examples from my imagining an alternative universe in which minimum wage had kept pace with productivity. You are quite right. Ano

Yeah, those were just random examples from my imagining an alternative universe in which minimum wage had kept pace with productivity. You are quite right. Another counterargument is that a lot of household income goes into zero-sum, unproductive status signaling, a.k.a. "buying a house in a better neighbourhood", and "sending the kids to a better school". Still, some of the extra income would be spent on things that employ other people.