Why wouldn’t someone voluntarily offer you a job at twice today’s minimum wage? Because, the minimum wage law must be modest. It can not be a huge wage. But why not? Why can’t there be a big wage? Start with this: if a worker feels underpaid, or if the minimum wage is above what the worker is worth, the worker will leave, and find a job that is probably not legal. But if you talk about increasing the minimum wage, the person who is leaving will be like, ‘you can not make people richer by increasing wages’. But why is this the case? People realize that if you increase someone’s wage, you will not have enough money to pay other workers, so you will have to fire people. You have to fire people to pay other workers more. And people realize this. If a huge minimum wage increase will not work, will not make people rich, ask yourself: Why not? Well, you can not pass a law to make people rich. It’s that simple. You can pass a law to make people a little better off, but you can not pass a law to make people rich. And people know they can make people better off, even if they know that they can not make them twice as better off by doubling their wage. Increasing wages will also mean an increase in prices, and businesses can not immediately pass on these increased costs to customers. And if businesses can raise the prices to pay for extra wages, why does the business not raise the prices whenever they want? And the people who quit or get fired because they are not getting the increased wage, must seek employment elsewhere. And competition lowers prices. Now the people who can’t find a job are really suffering. With lowered prices, businesses can not afford to pay new workers. Now, the state may put unemployed workers on relief, unemployment insurance. So now we have the state intervening. The state uses tax money to help unemployed people who were fired through no fault of their own, because they were not fired through any fault of their own. It is the government’s fault for increasing the minimum wage in the first place.