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Originally Posted by Carnivore
Minimum wage ensures an adequate living. Any economy that can't recover while providing that little probably shouldn't recover.
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In theory, of course. When the government is still using economic benchmarks from a couple of decades ago to define the minimum standard of living for its least well-off citizens, then no adult working for minimum wage will ever reach a level of life that could be described as 'adequate'.
Plus, there are special interest groups who have always lobbied against any moves to raise the minimum wage rate. Among these groups, the fast food industry.
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