[geogra4]

Companies with high capitalization? What do you mean by that?

Some corporations support raising the minimum wage only in the sense that it would bankrupt their competitors business models. (cf Costco vs Wal-Mart). Although as someone in support of a higher minimum wage I don't see that necessarily as a bad thing.

Unions are less than 7% of the private sector workforce and shrinking, their influence has been quashed, for the most part ever since Reagan dismantled PATCO in 81.

Economically, a minimum wage sets a price floor for labor. At higher levels it also can induce demand by increasing the velocity of money through the bottom rungs of the labor force. Especially since the poor spend a much higher % of their income than the wealthy do.

And with respect to your [2], I counter with [0]. Minimum wage actually has very little if any empirical affect on unemployment.

[0]http://en.wikipedia.org/wiki/File:Funnel_Graph_of_Estimated_...