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You have a point there; one could argue that a minimum wage might be unnecessary, if certain other regulations were actually enforced. It's been so long since they have, that it's easy to forget that they exist.

That's not necessarily true; a company can use a varity of tactics to force people to work for them at less than reasonable wages. One need only look back to the days of the robber barons to find countless examples of this, or heck; just look at what companies have been doing with illegal...

If you're not paying people enough money to even feed themselves without government assistance (which $5 an hour is far too low to manage that), you're stealing money from taxpayers to keep your business afloat, when it by all rights should have failed a long time ago. Companies don't owe anyone...

Well, we need a minimum wage of some sort; becuase companies cannot be trusted to pay their employees a fair wage unless they're forced to. Though it's also obvious we can't keep using raising it as a bandaid to fix our many, many, other issues; because all that does is make them worse.