No, a minimum wage just causes unemployment for the worse of in society, how is somebody with no skills or experience (particularly in America, the black youths) who's labor is worth (for example) $4.00 an hour or less, supposed to get work when the enforced minimum hourly rate is $7.50, and we have a prat who wants to raise this even higher? Does he not want youth to work at all?
Also for people bitching about the income inequality, well try living in your means, saving 5-10% of your post tax yearly income, and invest this money in assets that either grow your income or grow your wealth (or both). It's no coincidence that since the 80's, when family savings dropped from an average of ~5% (it depends which state and which country, but this is a fairly accurate average for the western developed countries) to and average of effectively 0%, income inequality has boomed.
