The minimum wage could be repealed.
We have a winner, and only a few posts into it!
Acceptance of government set prices is a sure sign that a free society is well on it's way to being totally "unfree".
The federal reserve could be repealed. You see, it is the federal reserve that causes there to be a need for minimum wage. When our government allows bankers to control the value of money, which is the case with the federal reserve, the value of a mans labor is also effected. When a man accepts a job for a specific pay it is based on the value of a dollar. Let's say you accpet a job for $20 an hour. When the federal reserve lowers interests rates it also devalues the dollar. Now your acceptance of a job for $20 an hour becomes acceptance of a job for $18 hour because your $20 has been devalued to $18. You see, this is the reason why we need a minimum wage and minimum wage raises. Our government believes that the value of our money should steadily decrease to encourage economic growth. However, when they devalue our money, they are unconstitutionally interfering in employment contracts. You see, our Constitution clearly states that no law shall be passed which impairs the obligation of contracts. An employment agreement is a contract. And when you accept to work for a certain wage that contract legally binds the employer to pay you that wage for the extent of your employment. However, when the federal reserve intentionally devalues our money, the employment contract which you and your employer agreed to is altered. Instead of the employer paying you $20 as agreed upon, your employer is actually paying you less in terms of the value of your agreed upon contract.
To offset this byproduct of intentionally decreasing the value of the dollar and to preserve the contracts between employer and worker, it is necessary to increase a minimum wage in order to not impair the obligations of such work contracts. Most Americans accept an hourly rate or salary that meets their finacial needs. However, with our current government bent on devaluing our currency every year, there becomes a need on the part of the workers to increase their earning to keep up with such inflation. Businesses, however, thrive from such government policies for while it is difficult for a worker to demand higher wages or find another job paying a suffient income, they simply have to raise their prices like all the other businesses are doing to make up for the ill effects of inflation.
You see, If our government was not intentionally devaluing our dollar, I would also agree that no minimum wage or minimum wage raises were neccesary. Hoewever, if our government is going to intentionally decrease the value of our money then they must also be expected to increase the wages to keep up with this intentional inflation. If you truly want to put an end to minimum wages and minimum wage increases then pursuade Washington to put an end to devaluing our money. Until this relentless inflation is ceased there can be no cease in raising the minimum wage.