>I think the minimum wage is a helpful tool or has been historically. But as others have said when you raise the minimum wage, prices increase, and by far the l

>I think the minimum wage is a helpful tool or has been historically. But as others have said when you raise the minimum wage, prices increase, and by far the largest groups that consume the same goods/services are also relatively poor themselves (so essentially you increase pay but also costs to the poorest in society). Minimum wage hikes first eat into profits before increasing prices. It is primarily a transfer of wealth from the wealthiest to the poorest. Minimum wage hikes do not always increase prices, either. Especially not meager increases.