–Reload.  Is it just me that realizes raising the minimum wage won’t be a good thing?  Everyone is concerned about himself; nobody stops to think of the bigger picture.  If the minimum wage goes up, so do other wages, because they can’t be equal to “minimum” or even close to it.  Assuming the government doesn’t put out more paper money, that means that more money will be going to the people who already have jobs, and it will become far more expensive to run a business.  The number of jobless will double if this wage is boosted to fifteen dollars, and the number of homeless will be proportionate to that.  A bigger minimum wage will only heighten the gap between the wealthy and the dirt poor, and this “middle class” will rise to aristocracy.  Given this larger wage and inability to keep out of bankruptcy, the prices of consumer goods will rise, almost double given the fifteen-hour minimum wage.  What if the cost of college doubles?  What about your food?  How are you going to survive if you’re one of those people the company can’t afford to keep?  How about paying for insurance?  Bills?
     Basically, it works like this: you can’t print more money, because the paper we use today is backed by the actual amount in the treasury.  That isn’t magically going to change because the number of paper dollars you earn goes up.  If the government prints more money, the value of that paper goes down because it isn’t backed by anything of real cash value.  Let me put it to you this way: if I have an orange, and I cut it into six pieces, then each piece is worth one-sixth of an orange.  If I take the same pieces and cut them in half, then each piece is now worth one-twelfth of an orange.  The amount of original orange does not change, merely the pieces.  The pieces are worth less because there are more of them.  The same concept is applied to the treasury and our paper bills.
     Now apply that to the wage.  Say I’m paying you all one-sixth of an orange to work for me, and I only have one orange.  The government tells me that I have to start paying you two-sixths/one third of an orange, but I still only have one orange.  Some of you, about half, are fired because I can’t keep it up or else we’re all in the toilet.  Same concept as raising the minimum wage.  But now that your work is worth one-third of an orange, you’re going to have to buy things with that orange.  Back when I was paying you one-sixth, say a new shirt was worth a whole orange.  The price of the shirt, because everyone is receiving more oranges now, will also go up, say to two oranges.  It doesn’t matter how much you’re being paid at minimum wage; the prices of everything will remain proportionate to what you earn to keep this country out of a depression.
     So basically, if you raise the minimum wage, there will be a greater social class difference, anyone in a lower-class job won’t have it for very long, and the prices of everything will go drastically up.
     There is no tl: dr; for this because from what I’ve seen, nobody is bothering to think of this.