Among other things the minimum wages discriminates against the poor and low income like many blacks becasue companies can no longer afford to hire them at beginner's wages. If anyone is "racist" it is those in favor of the minimum wage.
Bingo
In the final analysis, an employee’s wage has to be reflective of how productive he is. If a person costs the company $10 an hour (neglecting benefits and other employee mandates) but produces only $9 per hour worth of value for the company, he is useless to the company. In fact he is less than useless. Arbitrary wages that ignore the economic value contributed hurt the economy, not help it.