Those working full-time for minimum wage earn about $15,000 per year. This income puts a parent with two children well below the poverty line of $19,530 for a family of three. It's even worse for tipped workers, making it no surprise that more than 20 percent of restaurant and service workers live in poverty.
Not only would raising the minimum wage reduce poverty, but research has shown that erosion of the minimum wage leads to increases in inequality. We should ask why we have a minimum wage in the first place. Surely the answer is that people who work full-time year-round should be able to keep their families out of poverty.