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The only way to make minimum wage = 30k is to have the government also put a wage ceiling on compensation. So not only do we have a "livable" minimum wage that equals the cost of living, we're also dictating what the owner of a business can pay himself.
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Can you explain that a little more? I'm not ignoring the rest of your post, I just want to sort out what this means before I comment on it. I don't understand the correlation between why there would be a wage ceiling and why that is required for a minumum wage?
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I got in a fight one time with a really big guy, and he said, "I'm going to mop the floor with your face." I said, "You'll be sorry." He said, "Oh, yeah? Why?" I said, "Well, you won't be able to get into the corners very well."
Emo Philips
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