Back in the day, before all the price went up minimum wage was fine. Now though, it is harder to live with just minimum wage. Most people who have minimum wage jobs dont have their own house, have to ride public transport etc etc. This could be raised just a little and the prices would not raise that much
Eventually it will balance out to the same issiue, people making more money means companies paying just the minimum or selling more expensive products to pay their workers, or getting rid of workers and replacing with machines. If any of you socialist understood economics you would know this already though. What should be done is a rebalance of our economy so that the current minimum wage is enough for someone to support themselves.