>>It's not intended to provide a family with a living wage;
Maybe not family but definitely the individual, FDR on minimum wage:
Ultimately, he hoped to mandate that all workers would be paid "living wages" as described in his 1933 speech on the National Industrial Recovery Act, "It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By 'business' I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white-collar class as well as the men in overalls; and by living wages, I mean more than a bare subsistence level-I mean the wages of decent living."
I don't see any particular reason to pay attention to century-old rhetoric. I think "intended " was a poor word choice; see my other response. Also, I could live on minimum wage today but I'd hate it.
Maybe not family but definitely the individual, FDR on minimum wage:
Ultimately, he hoped to mandate that all workers would be paid "living wages" as described in his 1933 speech on the National Industrial Recovery Act, "It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By 'business' I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white-collar class as well as the men in overalls; and by living wages, I mean more than a bare subsistence level-I mean the wages of decent living."
From: https://publicpolicy.pepperdine.edu/blog/posts/what-did-fdr-...