How big is the incentive for big corporations to want minimum wages to increase, because that would make it harder for newer competitors to enter the market?
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Tbf a lot of companies can (and do) export jobs to third world countries.
But also I don't really understand the "all jobs must be able to sustain the livelihood of someone working it." What about part time or multiple jobs? What if you want a side gig?
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I once worked at a factory for minimum wage. It was in a tiny town, my rent was cheap (I split it with a guy I was dating), and I could have taken a pay cut and still survived. "Wage it takes to survive" can get super low. Each individual person has a different survival wage.
Which state were you in though? Some states have much higher minimum wage than the federal minimum.