AlterNet: Rights and Liberties: A Livable Minimum Wage I digress. If you increase the minimum wage than other costs have to be cut or prices jacked up. The American Consumer does not want that which is proven by the mass proliferation of Wal*marts like a plague of locusts on home town America. To support this under bid of consumer satiation causes jobs to be shipped overseas where their minimum wage is the same is ours, only monthly not hourly.
Having said that, Not only is not effective for the corporate economy to increase the minimum wage, it isn't for the those who would lose their jobs in the need to "Lower Prices."
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