There is no such thing as minimum wage. And the labor is not coerst in a free market. You have the freedom to work for whoever you want to work for in the US. No one is making you take a bad paying job. No one is forcing you to work there. You do know that not everyone needs to work a full time job to pay for their needs? So you just gunna take away all of their opportunities? A grocery bagger is not meant to earn a livable wage working 20hours a week. Because he lives with mom and dad and goes to school. A Walmart greeter is not meant to earn a living wage. Because they're retired and on social security already and physically can't work more than 20 hours a week. Raise minimum wage? And what will that accomplish? Just more inflation. You think you can make companies pay their employees more and make them not raise their prices too? Just a big fan of socialism huh?

Wages stagnate because of deflationary effects of technology. We are far more productive and we don't have hyperinflation. You don't have to raise wages in lock step with profit. That's retarded.