Raising wages 30 percent to meet the cost of living?
You don't even read the damn articles you link.
Much less actually think about what they say, or what the consequences would be of mandating a "living wage" to "meet" the cost of living--for about ten minutes.
If you had actually read "Atlas Shrugged," you'd realize how the "banana republic" reference, which is defined historically as a corrupt government/industrial cabal, actually connects with the book's ideas.
Orren Boyle. James Taggart. Think about it. If you can't, maybe someone else will.