They made it illegal for someone to work if they couldn’t produce more than $11/hr value.
So, people insufficiently productive lost jobs.
Go figure.
That is probably the best and most succinct description of the law of economics at work here.
Color me gobsmacked on 2 counts:
1 - The obvious, as you stated so well, as regards insufficiently productive...
2 - And, that this was published at all rather than being hidden in dark corner.