Based on what you've said, you should be in support of a $21.72 minimum wage. This is what the data shows the minimum wage, based on productivity, should be. Moving to $15 was a preemptive compromise by Sawant. To then call the compromise arbitrary seems disingenuous.
I did not make you repeat, word for word, a Fox News talking point. You can call it an insult, but it was more of an observation. And the reason I called you a reactionary was because you sounded like one, which, based on your apology, I assume you understand.
I am glad that you aren't suffering because of your student loans, but most of the people I know are. I know people who make $50,000 a year, and they can't make a dent in their loans. I know PhD's who can't pay off their loans. I have friends who are EMS workers, and friends in the military who can't pay off their loans. You, the business owner, are the exception here.
If you need to see more research about raising the minimum wage, I can give you some:
Study - Why Does the Minimum Wage Have No Discernible Effect on Employment?:
"Economists have conducted hundreds of studies of the employment impact of the minimum wage. Summarizing those studies is a daunting task, but two recent meta-studies analyzing the research conducted since the early 1990s concludes that the minimum wage has little or no discernible effect on the employment prospects of low-wage workers."
Study - Earnings and Employment: The Effects of the Living Wage Ordinance in Santa Fe, New Mexico:
"The most controversial and hence interesting conclusion suggested by the analysis is that large businesses in the retail and accommodations and food services sectors increased both employee earnings and employment relative to large Albuquerque and small Santa Fe businesses after the LWO. This increase was somewhat lower for female and youth workers, though still an increase relative to large Albuquerque and small Santa Fe businesses. Certainly the data do not suggest that the increase in the minimum wage had any negative effect on these two industries or on earnings and the number of jobs as a whole."
Study - Minimum Wage Shocks, Employment Flows and Labor Market Frictions:
"Clearly, minimum wage policies substantially reduce turnover and increase job stability, even without aecting overall employment levels for highly aected groups, such as teens. An important proportion of this reduced turnover seems to occur by reducing job-to-job transitions, indicating the presence of frictional wage dispersion. The likely reduction in flows to unemployment suggests the minimum wage also affects firm decisions to lay off workers and search anew, versus retain an existing match."
Study - Minimum Wage Channels of Adjustment:
"Further, our study does not find evidence of clear-cut employment losses – even over three years and a 41% increase in the MW."
Regional Economist Dick Conway Says $15 Minimum Wage Is 'Not Outrageous’
"'You end up with a minimum wage of about $16.82,' said Conway."