People do not get a living wage through laws passed by the government but through the state of the economy, the problem is due to the labor market not to the laws. Raising the minimum wage will just make it more difficult to get a job, force people to work more and cut people from the job market. Setting a minimum wage doesn't change the reality of the economy, private companies just follow the market, they are as greedy as the market let's them to be. That's why engineers have very high salaries and are not paid to a minimum wage because their work has more value and they have more bargaining power. We could theoretically raise minimum wage tenfold but doing so will just make private companies stop recruiting people for lower value jobs. Minimum wage should be abolished it doesn't set the salary that people get, the economy does and more meddling by the government in it does reduce economic prosperity and prospects for the people that live in it.