Is raising minimum wage nationwide a horrible idea?

[Blob]

IkePoR said:

Blob said:
Having not read the thread I can tell you it's wrong. People talk about how the minimum wage in Australia is $15. But in Aus the price of things is far more expensive than it is in America, to the point that the minimum wages is about the same between the two. You raise the minimum wage, you raise the price of everything, thats economics.

Is there no wiggle room where a min. wage worker can afford to live on their salary without facing harsh poverty issues?  You make it sound impossible.

 I have a job that pays above minimum wage because I found one and went about getting the required skills to do it. I live comfortably and could easily live with even less, don't think id want to though.

Regardless it doesn't change the fact that the way the current economy works means that a raise of minimum wage would only cause the inflation of prices. Its more of a wage cut to those well off than an increase for those who work at mcdonalds.