Minimum wage hike vs. reducing poverty

I figured out the solution.  I just couldnt bear to say it to the darkness in power, and have them use my insight - something they could never see - to further their own deeply human wounding agendas.

I hope to post it here.  This is a beautiful solution, and gets to the "physics" of the problem.




Backup

Bill Gates (link) makes the following points:

• jobs are a great thing
• you have to be careful that if you raise the minimum wage you are encouraging job substitution or destruction
• automation
• displacement 
• 88% of fast food workers are from non-poverty households
• often workers are teenagers from a wealthy household
• rarely a household in poverty
• the problem is about hours, not about wages

The implied goals are:

• improve the quality of life for those in poverty, especially head-of-household
• not waste money with marginal improvements for those not in poverty, especially teenagers

The actual results were:

• giving business-owners money to the children of soccer-moms.

The real question is: How do you engineer a system such that it naturally reduces rates and severity of poverty?

Analysis and suggestions to come in the next post.

PS: it is a relevant question in a international scale as well as a intra-national scale.
https://www.ghanabusinessnews.com/2015/04/08/world-bank-announces-strategy-to-end-global-poverty-by-2030/