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I agree that raising the minimum wage will raise the cost of everything and cost jobs.

Maybe, maybe not.
There was this idea in the 60s that people would be replaced by robots and the population would live a life of relative leisure. Now look at what actually happened. Mechanization and productivity improved as expected, but the fruits of those gains were kept by a select few. The lot of the working man actually declined.

Take a page out of StarTrek. When speaking to a visitor (I believe that it was time traveler from the past). He said something along the lines of "With the harnessing of the suns energy and the invention of the replicator which can change that energy to matter, most have no need to work. We have overcome hunger and greed, and we’re no longer interested in the accumulation of things.”. "People are free to learn and be creative"

Obviously we are nowhere near that but every step forward leads you in that direction. No doubt it has its detractors too, complaining about the smart guys flooding the market from Vulcan.
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