Nearly every economist on the planet recognizes that minimum wage laws are net counter-productive. They are great for the limited number of people who happen t

Nearly every economist on the planet recognizes that minimum wage laws are net counter-productive. They are great for the limited number of people who happen to snag one of these over-paying jobs, but they are not so great for all the other people whose skills are not worth that amount, and are thus made unemployable. And, as you can see in basically every position where government hasn't mandated that employers pay some minimum wage, organizations do not choose to pay people zero. Ever. They choose to pay people just enough to perform the work that needs doing. Sometimes that number is $10 per hour, sometimes that number is $24,000,000 per year.