This is an interesting hypothesis - a culturally imposed minimum wage. I'm a bit suspicious because I don't see much evidence of a floor. For example, people se

This is an interesting hypothesis - a culturally imposed minimum wage. I'm a bit suspicious because I don't see much evidence of a floor. For example, people seem quite willing to hire Mexicans outside home depo for relatively low wages. The common solution to sticky nominal wages is economic stimulus; inflate away real wages to trick people into hiring at lower real wages. Do you think that would fix this issue?