> The minimum wage is a price floor that can only drive wages up Not quite true. It can also drive people out of work. If you include all the people who lose t

> The minimum wage is a price floor that can only drive wages up Not quite true. It can also drive people out of work. If you include all the people who lose their jobs (counting their new wage as $0/hour), the average wage paid to all the people involved might easily decline when the minimum wage rate is increased.