Why do you think doubling the minimum wage would be a good thing?
I already explained it. It will make them buy more stuff, thus boosting the economy.
But it won't.
Right now, you get paid $7.50 an hour. You can buy a gallon of milk for, let's say, $3.49.
Well, when the government mandates that minimum wage goes up to $15, the retailer has to raise his price for that gallon milk. Why? Well, for starters, because they kid who used to stock the shelves at $7.50 and hour is now making double that. The retailer isn't going to simply absorb that extra $7.50, he's going to pass that on to you, the consumer, and there's not a single reason in the world why he shouldn't.
Furthermore, though, the retailer is also now paying more for that gallon of milk. If he buys a gallon of milk from a dairy, the guy running the milking machine is now making $15 an hour when he used to be making only $9 an hour. The dairy owner isn't going to absorb that extra $6 an hour, he's going to pass that on to
his customers (ie: the retailer). The company that makes the bottles the milk goes into, likewise has to raise their prices, as does the companies which ship and deliver the milk, all because everyone is going to do everything they can think of to mitigate the negative impact of the higher operating costs on their bottom line.
I haven't had a minimum wage job since the Carter administration. Back then, minimum wage was $2.65 an hour. Man, I'd have thought doubling it to $5.30 an hour would've been great! Why? Because back then, when I was 16 years old, all I cared about was how much cash I had in my wallet, and not so much about what that cash could buy.
And of course, it is better for them. Once you are on 7.25, you will agree with me.
What people need to lose is the unfounded expectation that a person should be able to support a family of four on a minimum wage job. That's stupid. If you're married with kids, and you have a minimum wage job, you seriously fucked something up along the way...