My objection to raising minimum wage too high is that it makes it illegal for people with modest skills and abilities to earn a living unless they can find an employer to dress up charity as a job.
I know people who would struggle to create $100 of value for an employer per day. I would rather they be allowed to hold a job at $80/day than to have minimum wage set above the value they are able to create.
I know people who would struggle to create $100 of value for an employer per day. I would rather they be allowed to hold a job at $80/day than to have minimum wage set above the value they are able to create.