Why you don't set the minimum wage to $70K

[BoFox]

Rollo you seem obsessed with money and class status.

Nah, he just really enjoys what he gets to do with the money.  Of course he doesn't want to go to work everyday (some days, he might wish he could just sleep in, lol) but getting to play around with the money makes him wonder how he could be happy without such. 


So, what do you guys think about the corporations "owning" the government to an exceedingly greater degree in the future than already today? 

The gov't is caught in a limbo..  trying to sustain the lower-than-median income half of the population from turning the States into something like Mexico, but yet at the same time, trying to keep the companies from completely ditching America for other countries with lower wage labor.....

Immigration might be great for Canada's economic model, but most of the States are already heavily populated along with plenty of immigrants - rather many of them uneducated (especially the Hispanic portion).  Perhaps the US should look to Germany's model - seeing how Germany succeeded so well with the unification of the ex-communist East Germany.  There is little population growth (educated immigrants) to fuel the economy, to buffer the health-care costs of the aging population that is no longer working, yet Germany shines even among the W. European nations. 


With the government further and further under the mercy of the corporations, providing billions of dollars to the lower income bracket, so that the poor workers can continue to work at such low wages while staying out of extreme poverty, are the corporations really starting to take over as the government eventually bankrupts itself?  Is it inevitable that the nation at large is going back to the select few rich and the mass low-income "peasantry" ratio of the middle ages?  Would there be a major crisis like a Coup-d-Etat with the current Capitalist model of America, to the same effect of the Communist model of Soviet Union in 1991 (it happened to the extreme right, so might as well happen to the extreme left)?