I wish every person who believes that a higher minimum wage is a good thing would watch this basic tutorial from Kahn Academy. I wish more important that anyone who pretends to try to lead a Country, State of City in the USA would be required before taking office to take a good course on economics. The lack of economic understanding and the gross ignorance of our leaders is bankrupting the USA.

Minimum Wage and Price Floors

Learn more: http://www.khanacademy.org/video?v=j0c2vmFGbtk How a minimum wage might effect the labor market