In favor of repeal Those who favor the abolition of the minimum wage argue that this would create full employment as everyone would find a job at whatever wage they are worth. Government creation of a minimum wage only creates unemployment for those worth below the established rate. Quality Wage. Unemployment as always existed in human history regardless of any time of employment laws. We should be concerned for Quality wage not Quantity. Cuba and most communist countries always managed to have a 0% unemployment rate. And trust meâ¦â¦â¦.you would not want a job over there. Jobs is not the key GOOD JOBS ARE and the minimum wage should be raised and adjusted annually for inflation. I have heard that if we adjusted the minimum wage for inflation since 1995 it would be close to 12 hourly. Something to consider before taking a political and economic position.