Woot! Heck, why not 50 dollars an hour? Man, you'd sure be able to afford a couple ex wives, various elderly, and plenty of youngens if you could earn 50 smackers flipping burgers for 60 minutes! http://news.yahoo.com/bill-calif-among-highest-minimum-wages-234751745.html Shit! If it's good for the economy, let's go to town! There's no limit to how much we could raise the min wage, so there is no limit to how much more awesome our economy could be! Woot! 5 bajillion dollars an hour! Man, our economy would be so hot that we'd all be richer than shit! How some people can manage to remember to breathe all day and all night is an impressive thing.
The market will adjust to the new minimum wage. Australians make $17 per hour minimum wage In southeast asian countries, they average about 70 cents per hour. Who's doing better?