I would prefer that minimum wage be raised each year to keep up with the cost of living. We can’t keep the economy going if we are struggling to feed ourselves, keep the heat on or even have a roof over our heads.
There should also be a wealth gap there isn’t a reason to have most of the money and horde it while others struggle. There is no reason to keep the prices of lifesaving medicine high knowing the people that need it go in to debt to buy it.