Can someone explain to me the argument of increasing minimum wage?
I understand people wanting minimum wage increased since it hasn't kept up over the years with inflation. But wouldn't that be the same for all jobs? Why should someone who chooses to work at McDonald's make the same as someone who chooses to invest in college to get a career. So if we increase minimum wage by $3/hr or so then shouldn't all workers in all fields also have their wage increased by the same amount? What is the incentive of going to college if entry level college required positions pay the same as minimum wage?