Minimum wage is/was intended to be a first rung on the employment ladder.
There’s a huge difference in cost of living of say states on the eastern seaboard or west coast vs Oklahoma. I’m using Oklahoma as that’s my home. Understand that anything I post on the subject is from experience looking back over an extended period. Disclaimer…Not an economist nor have faith in some who claim otherwise.
As the cost of doing business increases here in a global economy, companies adjust. Wages are only part of the equation. Add a doubling of the minimum wage will effect inflation. It will also entail the loss of jobs of those making more than the minimum wage.
Then there’s corporate greed. I’d guess a rather minimal amount of workers making minimum wage work for large corporations. The small businesses though would be hit hard by a doubling over a short period.
I’ve bounced between the decades of having been on the production end, the means to produce via tooling, traveling to other countries to outsource tooling and production to designing and implementing automation for factories.
I started at minimum wage working as a teenager. I do think it should be increased. A doubling of the Federal minimum is going to be problematic. It will cost jobs. Many.
Is Ontario’s minimum wage the standard for Canada?