Seriously, Jack. Wouldn't a stipulation that companies can't hire anyone on public assistance address your concerns?
Not really. Because it doesn't put more money into the economy. A lack of spending and insufficient market liquidity is why our economy is in the crapper right now. Putting money back in the pockets of workers will fix a whole lotta problems, not just welfare.
And you think just mandating that labor costs more will achieve that???
Let me ask you this. If fast food meals suddenly cost fifty percent more, how would it affect your purchasing decisions regarding fast food?
All historical data shows that wage increases do not drive inflation. Just the opposite in fact. The min wage today is 26% less than in 1974. Is your cost of living 26% less. The market value of a product has nothing to do with your operating expenses or business model.
Even if it did. I would still rather CHOOSE what products to buy and businesses to support, rather than being mandated so subsidize a socialized labor force.