Is There a Minimum Wage?

We have a federal minimum wage of seven dollars and 25 an hour, which hasn't moved in the last 60 years. The question is how can we have a single reasonable minimum wage for rural louisiana and manhattan? So far it doesn't seem that businesses are fleeing the moment you have a 15 dollar minimum wage. But that also has to do with the cities that half these minimum wages are all very similar.

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