Good grief.
The way you help the underclass is to create a robust economy that demands more labor than the market can supply, offers cheaper goods and services to the masses, and gives them the opportunity to start their own business delivering goods or services.
Arbitrary cost of labor increases will have the exact opposite effect - more people unemployed, more people on the government dole, and a higher cost for the goods and services struggling people use the most, because they can now afford to pay more.
If something like this goes through, it will be good times for used car dealers, tattoo artists, apartment owners, etc., as they get the restaurant owners money transferred to them via the minimum wage worker.
It will be like year around income tax "refunds".
The way you help the underclass is to create a robust economy that demands more labor than the market can supply, offers cheaper goods and services to the masses, and gives them the opportunity to start their own business delivering goods or services.
Arbitrary cost of labor increases will have the exact opposite effect - more people unemployed, more people on the government dole, and a higher cost for the goods and services struggling people use the most, because they can now afford to pay more.
If something like this goes through, it will be good times for used car dealers, tattoo artists, apartment owners, etc., as they get the restaurant owners money transferred to them via the minimum wage worker.
It will be like year around income tax "refunds".