When there's no minimum wage corporations like Apple or a meat packers plant will pay as little as they can get away with. Look at Africa, south Asia and even china to see what corporations do when they get away from our regulations and minimum wage laws. History backs this up too and is why we have such laws.
Oh my word....the next time a liberal displays even the most rudimentary understanding of basic economics will be the
first time that it has ever happened. Minimum wage is necessary because of basic supply and demand. The amount of labor exceeds the amount of jobs available and always will. Thus, supply and demand will cause compensation to spiral downwards under normal competition (I'll work for a dollar per day, but you have no job so you'll offer to work for $0.50 per day, and so on and so on). However, once minimum wage is established, jacking it up constantly (as libtards have done) have caused massive inflation.
It's stupid and it's completely unavoidable. Actions do
not occur in a vacuum. Business owners do
not eat cost. When you raise minimum wage, the business owner raises the costs of their goods and services to cover that increased labor cost. Since every business raised their wages (including even those that don't have minimum wage workers - simply in response to the chain reaction), the minimum wage worker is no further ahead than they were before their increase. But now you've f'ed over the economy royally with mass inflation. Morons.