Characteristics of minimum wage workers:
http://www.bls.gov/cps/minwage2011.htm
these 3.8 million workers with wages at or below the Federal minimum made up 5.2 percent of all hourly-paid workers.
Although workers under age 25 represented only about one-fifth of hourly-paid workers, they made up about half of those paid the Federal minimum wage or less
Among employed teenagers paid by the hour, about 23 percent earned the minimum wage or less, compared with about 3 percent of workers age 25 and over.
Never-married workers, who tend to be young, were more likely than married workers to earn the Federal minimum wage or less (about 9 percent versus about 2 percent).
Conclusion? The minimum wage affects the young, never married people. Not established families with children.
By creating a disemployment effect at younger years, the minimum wage prevents young workers from gaining the work experience that results in higher wages. If child labor and minimum wage laws were repealed, kids could 1) Earn some money while still with their parents so that they could start off life with a financial cushion, and 2) Gain work experience which makes them more attractive for better employment.
I’d really like to see their data. I want to do a regression analysis controlling for marital status, age, and hours worked per week. Especially since for people who work at least 40 hours of week who are paid at or below Min Wage sum to 1.7%. Older married people with children who work full time appear to be exactly NOT the demographic that works at or below min wage.
Remove other harmful things like the drug war (and consider the industry it would allow to create), and you have yourself a very likely improvement in the lives of people.