http://www.ijreview.com/2014/06/1440...-big-fat-told/
I can see the problem easily with $15/hr min wage. But I can also see how difficult it is to get a full time job now, on top of making enough period to be able to live on your own. At my fairly decent job making $11/hr part time, I would not be able to live in an apartment that is not falling apart or bug infested as well as be able to buy food. The only way I get by right now is because my roommate makes more than I do with full time.
Figure my take home wages at about $1100/mo. deficits being utilities at 100, rent at 600, food is 300 at the bare minimum (practically fasting most days), gas at 60 and phone at 40. So starving myself I can barely make enough to cover basic bills, provided nothing happens to my car, gas prices don't raise, I never have to use TP or soap at my house etc. I could save rent money by living in one of the literally roach infested or literally falling apart complexes I found when looking for affordable apartments... but something like that should not be asked of this countries citizens, especially ones with perfect credit and fantastic job history by the age of 25/26. I only live in as much supposed comfort (internet and a small bit of spending money) because of my mate who shares a 650sq/ft 1 bed 1 bath apartment with me.
Honestly my only real opinion is that minimum wage should have a scaling to it based off company income, because we both know walmart can afford to give its employees a touch more than minimum wage, but mom and pops ice cream stand can't. In an ideal world everyone can have a good chance to work full time and be able to support themselves with full time work as well as put a little away for retirement or (god forbid) a little enjoyment of life. How it is now clearly shows that bigger (and even smaller) companies will put as much back into their own pocket as they can get away with, and current version of minimum wage hurts small businesses the most.
I am not certain if my idea would work or not, or how it could be implemented fairly at that. The only thing I do know, is that in the current American society, it is only a matter of time before cost of living has to balance out with personal income or serious problems are going to arise.
Any thoughts on the subject anyone? Or possibly other information to think about?