3 ms·The minimum wage is a government imposed price floor, not an average wage.by ETH_start 2y agoThe minimum wage is a government imposed price floor, not an average wage.bovermyer 2y agoDefend that.ETH_start 2y agoI was simply explaining why wages rise automatically, not making any comment on government price floors. But since you ask: there should be no government price floors or caps. The price paid should be based on mutually voluntary agreements.