That's ridiculous and you are being arbitrary. Wages are tied to cost of living. When the cost of living demands $60 per hour to live and be able to hold one's head up with the living conditions suggested in my previous posts, then I will take you seriously.
How much money does it take to hold one's head up? I think the amount is $60 an hour.
Yes they are.
So, if wages go up, what happens to the cost of living??