A perfect example is "In and Out" burger.. They pay upwards of $10/hr to start, with better benefits packages than most pilot jobs today.. they're menu is simple, and the quality of their food is top.. YET.. they're growing like gangbusters, and they're employees are among the best paid and happiest in the industry. Try to walk up to the counter at a In and Out and stand there.. not a few seconds will pass by before someone comes up and asks you if you need anything..
Well Said!
if you set a wage at $2.50/hr you'll find some poor desperate soul to take it.. so I see the minimum wage is a no brainer. I used to be a complete free market believer in my younger days, but the free market can only work and work fairly in a moral and Christian (replace that with your religion of choice) society, otherwise human greed with take hold and take advantage.
Even better.
I am pretty much a "laissez faire" capitalist. But there needs to be some sort of a minimum wage. See above quote. There are certain areas that need it to be higher than the federal wage. Try California. We're at $7.50, and its higher in certain cities (San Francisco used to be $8.50, but I think it is higher now).