Here's what I know; a pizza place in my town and in a few other cities here in Montana is about to go under. The owners are friends of mine, and they don't make much. Not poor, but nothing glitzy. They pay about $12 an hour to kitchen workers, and waiters after tips average $18-24, by my estimation. They employ one manager per location, who is paid more than that, but he's a full-time worker and it's his career.
The rest of the employees are usually students. The family has always had great success attracting students (high school and college) and others looking for a good entry-level job. Hiring issues were nonexistent. Yet they're about to shutter several of their locations because they simply cannot attract or retain help since lockdowns ended.
Now, that's obviously not all related to stimulus payments and whatnot. But something has changed since COVID changed American work culture, and as a result my friends are going under. They simply can't afford to hire full-time professional staff. A $15 minimum wage would break them.
So yeah, there are problems with big companies and their cultures. But you can't fix a culture problem with laws, and trying is only gonna squash the little guys like my friends who just try to run a pizza place and employ people looking to build a resume and a small checking account.
In the end, I don't have a good solution. I don't even have a full grasp on what the problem in America is, though I'd hazard it's coddling companies with protective regulations and general culture issues. But I know what the problem in my community looks like, and none of these, "For the worker!" movements would actually help the workers and small employers that I know.