Why not $100 per hour then everyone can be rich?
Every temporary pulse to push up the bottom of the wage ladder causes a) those with jobs to feel good, and b) pushes up the whole wage scale.
Then the economy adjusts to the cost push inflation, and the minimum wage "needs" to be pushed up again. So, $100 will eventually be on the horizon... but not worth more than today's $10 or $15. But, it will take a while.