The market itself would set a real minimum wage if they'd just leave it alone.
Who knows...in this era when we're being told we have jobs that "Americans won't take," then maybe we should let the market set the wages for those positions.
The harder to find people, the more you have to bid. I think that's the way it works, isn't it?
In many regions of the country, competition for employees is so high you can't even get anyone to work for the minimum wage, esp. now when the unemployment rate is so low.