Going to school and learning a skill that actually deserves a high paying salary also helps lift poor people out of poverty. Paying $30k a year for an entry job flipping burgers is not economically feasible for a restaurant nor does it make sense for that type of job. Margins are very close and a raise like this can close it. I hate the socialistic narrative that profit is bad and if a company profits too much it's now the bad guy. A business exists to make a profit for its owner or share holders. The problem with Socialism is that eventually other peoples money run out. In the end wealth redistribution never works. This whole thing is an appeal to morals and since it has to do with money it sure gets emotions involved.