[mbostleman]

>>The purpose of minimum wage is a floor>> There's the purpose and then there's the outcome. I have always found it useful to also keep in mind the perspective on minimum wage that recognizes that from a practical perspective, it makes it illegal for workers that create a certain level of economic value to work. Of course that's not the perspective that a proponent of minimum wage would use to pitch it because that certainly is not the purpose. But it's hard to argue that this other perspective is not to some extent, the outcome in terms of economic mechanics.