That dude has to be high.
I don't think the 15$ minimum wage has anything to do with wealth distribution, but that seems to be what she is arguing.
I don't understand the difference between the Earned Income tax Credit savings vs. a minimum wage, they both gave the lower class more spending power which in turn will raise the price of goods to match it. If her point is that the entirely small businesses are going to be hurt, I think that's true and I thought some states were trying to apply different rules to non-urban job markets because they understood this.
Costs of living is rising because there's limited space + a plethora of wealthy people looking to buy into that area?
How do you combat rising prices without price controls? Highly efficient manufacturing?