Fun stuff...
McDonald's is all for higher minimum wages, but not on a level playing field, only with institutionalized violence on their side. Similar to why they support the Affordable Healthcare Act.
McDonald
Why? Because they can afford it. Joe's Burger can't - and killing competition with the violence of the state on their side is one of the most profitable moves they can make.
Wal-Mart is also a strong supporter.
Wal-Mart Says It Won't Oppose Increase in Minimum Wage - WSJ
But it's really no surprise, both companies thrive off of state support, they're killing competitors and thriving off of private prison labor, paying workers around .90 a day. Slave labor for those in bed with the state. Impossible barriers to entry for the surfs.
12 Mainstream Corporations Benefiting from the Prison Industrial Complex - Atlanta Blackstar
Teachers are banking on the fact that private prisons will hit their quota and imprison a high-percentage of todays kids for future slave labor. (I'm not suggesting that teachers understand this, but they're heavily invested as well as the majority of the US).
Who
I don't have time to get into details. Minimum wage kills jobs, where do those jobs go? Prison? The military? The state?
The problem here has nothing to do with "fair wages". It has to do with economic ignorance.
It's about creating lemmings that gratefully march off to become cattle to slaughter for profit. Or slaves, whether that's forced labor for non-crimes or getting "lucky" and only spending half of the year working to give the products of your labor to your murderous overlords.
All while worshipping them for "fair wages" and being the only force benevolent and capable enough to protect themselves from the cruel capitalists of the world who insist on voluntary value-for-value transactions.
I'm losing faith in humanity. My biggest worry is that the people will get exactly what they're asking for.
*TLDR it's late, I'm tired. Institutionalized violence (the state) is the problem. Voluntary trade is the solution. Corporatism (not capitalism) creates the problems I address above.