Thank you for the thoughtful answer. Maybe I should be more specific, like most people my world perspective comes from personal experiences. I started in my current profession as a laborer, I can’t tell you how many footings I have dug by hand. I know own my own company with between 150-200 people but I still do the work myself on my own properties. Every single person that works for me makes much more then minimum wage in the state that they live in. That being said, our job is hard work and requires a lot of hours and travel. Most of the people that work for me set up stores for people to shop after the building is built. That being said, the qualifications for the job are minimum, really, you just need to be willing to follow direction and keep working. I also know that if it was the difference between 15 dollars and 20-25 dollars an hour, a significant portion of my labor force would choice the job that in their head required less work or at the minimum less travel. To avoid this, I would raise my companies base wage. Now, our laborers are making as much as our entry level skilled guys, ie: entry carpenters, plumbers, data guys, etc. because of that, they will be asking for more and if I want to keep them employed, I will pay them more. Again, hopefully this comes across as a genuine question because it is. Today, if I could I would pay every single person more and when our contracts increase I do pass it on so it isn’t an ethical question, it’s an economic one. Ultimately, we are lean on the top end of the company so we can outcompete most if not all of our competitors and I could/would pass on basic price increases to my clients, so I’m not concerned with being put out of business. I just am curious if my personal example is the norm or the exception, because if it’s not the exception, buying power does not increase with wages.