$50? Little high.
Probably $20 is the right number right now.
But minimum wage causes inflation to rise even faster. So it's a tricky balance.
Basically our economy only works as long as half are suffering in poverty.
I suppose you could tax the mega rich so hard that they earn the same as everyone else, but that has different problems then.
So maybe the quick solution, if you openly support dictators, your taxes are raised to 99.99999%. Call it the treason tax. So only Musk, Trump, etc have to pay it basically. And we end poverty overnight
He who stumbles around in darkness with a stick is blind. But he who... sticks out in darkness... is... fluorescent! - Brother Silence
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