The correct minimum wage is $0.00. Any form of price controls is a completely unwarranted constraint on people’s right to make voluntary contracts. The original minimum wage was imposed to keep negros from competing with unions. Any form of price controls inevitably leads to lower productivity and less for everybody. The to improve people’s lives is to increase productivity, not suppress it.
Again, go ahead and try to makw it zero. Let me know how that works out.
Yes......
It is the Big Labor mentality to force enforcement of increased wages be yond what the market will allow