The bolded is correct, especially the underlined part. If people not making a living wage are the result of government borrowing more money into existence, then LITERALLY EVERY WORKER in the country would not be making a living wage, because as you point out what the government does effects everyone.
The reason why those that suck at capitalism are not making a living wage while those that are good at it are making a living wage despite what the government does to the currency is again, because they suck at capitalism. One thing one has to do to be good at capitalism is to make sure you get cost of living wage increases year after year after year after year. Those that suck at capitalism don't, and the government just let it happen by not making minimum wage increases.
Exactly! The fact that it's not is because government failed to make the necessary increases.
It shouldn't be. There's absolutely NOTHING generous about getting the bare minimum needed to live. And making less than that is abhorrent. If you don't see that, something is very wrong with your point of view.
Absolutely not. Again, the issue is too many people SUCK at capitalism. And not only does that make them losers at this game, it puts them in a downward spiral of losing. That is to say, the more they lose, the more desperate they become, and the more desperate they become the more they lose. Prices that are based on desperation are extreme. On one end of the spectrum if there is a drinking water shortage, such as there was in Flint Michigan a few years ago, those that have drinking water to sell hike the price up to ridiculous levels, and they'll get what they ask for it because people are desperate for clean drinking water. Ayn Rand disciples and their ilk say "well, that's the natural market price, nothing wrong with that." The rest of the world that actually have morals see that it's not a natural price at all. It's a price exploiting desperation, and it's immoral. This is why price gouging is illegal. And on the opposite end of the spectrum, exploiting the desperation of those in poverty is exploitation as well. It's immoral and the minimum wage laws exist to make it illegal. So, no I absolutely disagree that the market would naturally "invent" a market where those in poverty will get a livable wage without government intervention. Unregulated capitalism will naturally never result in that happening.
I do not think doing the right thing should be thrown under the rug because someone people won't like it.
This is a discussion that is needed to be had AFTER it is accepted that most people earning minimum wage deserve a livable wage. I agree completely that some people don't need a livable wage, for example, as you point out 16 year olds scooping ice cream. The discussion will be about exceptions of minimum wage requirements, such as perhaps making teenagers in school exceptions. For example, the current minimum wage has an exception, a lower amount for tipped employees. It wouldn't be hard at all to say workers attending high school are only entitled to a $7/hr minimum wage. But again, these types of discussions of how to work out the details aren't productive while so many hold the opinion that most people making minimum wage don't need more.
I own a business. I employ 20 people. I know it's not easy. I also know that if a supplier raises prices on me and I can't find a replacement supplier with lower prices, then that's what I have to pay to continue being in business. I may have to increase prices to compensate. That may cause me to lose customers. That may put me out of business. That's the risk I knew could happen BEFORE I went into business. However, the reward of succeeding far exceeds the risk, and to be honest, if I was making people suffer in their lives in order to reduce the risk I'm taking to achieve the reward, that would make me an #######. If my success requires someone to suffer, then I'm not successful at all.