The question begets more questions – like who is deciding what the minimums are? Is business and labor involved in that decision? Or is it just politicians pandering to their various constituencies? Maybe the answer is for a calculation to be done based on certain metrics and the wage is determined by math. My default instinct is to exclude government wherever possible when decisions about people’s lives are concerned, so who determines that calculation becomes the important.
Unions and business can coexist – and thrive, like in Hollywood. Government does have a regulatory role to play...but it isn't appropriate to dictate the cost basis of every industry. As we all look towards celebrating Labor’s accomplishments with a burger or a hot dog, let’s consider supporting Unions: get government out of the picture and eliminate the minimum wage. It might just put the Union label back where it belongs.