As soon as they get the $15 minimum wage they will reestablish a new poverty line. Then the call will be for $20, rinse, wash, repeat.
As long as the poverty rate is defined as the lowest quintile of incomes, there will be 20% of the population in poverty.
Nope, it’s called they will have computers operating fast food restaurants and customers will program the order on a touchscreen, then the computer will control all the equipment to fix the burgers, fries, and milkshakes. With increasing minimum wages, it will be cheaper to just have machines to do the work.