[yummyfajitas]

No, he explained why the labor force would go up - some people won't work at $7/hour but will at $15. That's not the same thing as these people being better employees.

...want the better paying jobs which may not exist cause companies want to get away with the most profitable scenario which is paying employees the absolute minimum.

Yet most jobs in the US pay far more than minimum wage. Why would they do this if paying minimum wage is the "most profitable scenario"?

[rm_-rf_slash]

Because turnover is expensive and you want people to be satisfied enough with their jobs not to leave.