Both sides have valid points. If nobody is willing to pay a minimum wage for a job, then that wage isn't right for that job. Take, for instance, the task of answering phone calls and jotting down information. Let's say I get 5 to 10 calls daily, spanning from 9 am to 9 pm. I'm not prepared to fork over minimum wage multiplied by 12 for this work, and I doubt you are either. It just doesn't seem fair compensation. However, if folks are offering to do the job for $20 a day and I can't match that, then maybe my business isn't sustainable and I should bow out. The point is, each job is unique and should be compensated accordingly. There's no one-size-fits-all wage. The market and the law of supply and demand are the closest thing we have to a fair system. Let people determine what they're willing to work for and what they're willing to pay for that work. People aren't dumb; they can decide if a dollar an hour or a hundred works for them.
Personally, I'm a proponent of Universal Basic Income. Instead of fussing over minimum wages and social benefits, let's switch to UBI and support each other as a society. Sure, we should tax the wealthy, but relying on minimum wage as a fix? That's a misguided notion. Minimum wage was a band-aid solution for inequality that's stuck around longer than it should have. If you're in favor of it, you're essentially backing the status quo. We need fresh solutions for inequality, ones that break free from the usual narratives pushed by the media and society. It's not easy, I get that. But let's dare to think beyond the confines of convention and consider the future generations. Society seems stuck in a loop, and frankly, I'm fed up. Aren't you?