[Svartalfiar]

It is not good or bad because FREE MARKETS for labor are good. Look , a lot of so called right wing Republicans are market hypocrites - just like you. Don't feel too bad most don't realize it; but now you do.

How is it a free market if employers are forced to pay a certain amount to employees doing stuff that isn't worth that amount? If the market can't freely correct it the easy way (pay the job what it's worth), then it will correct in other ways, by eliminating/reducing those jobs, or increasing the $$ numbers everywhere until a new equilibrium is reached, with every other job getting paid more and everything costing more.

[central_va]

“worth” is determined by the laws of supply and demand. The floor on wages i.e. the minimum wage doesn’t change that fact. Maybe we need ceiling on “maximum” profits? Or here is one you’d love a ceiling on “maximum” wages.