[casercaramel144]

You didn't actually argue against the point though. How is it obvious that raising the minimum wage benefits all Americans? The people making wage already don't "have any money" yet the economy is fine anyways since they don't make up the majority of spending. Debt has been high forever.

Marx is right, the only thing that matters is labor + capex to create products / services. If rich people want to move money around buying expensive crap that's marginally better and isn't too much harder to produce, we should encourage that. As of now, most of the S&P 500 focuses on producing products for the common man or other businesses. This is exactly what you'd want to see and I don't see why we should rock the boat and reduce the total labor spent on the needs of the average person (minimum wage labor).