Pay Everyone $100 an Hour!

The real nature of any Minimum Wage law is explained in this 1996 essay I wrote for the local paper. But currently, there's a screech going up from the Dems to raise the natonal minimum to $15.
 
That is cruel! How can Democrats, who care so much for the poor and downtrodden, propose a mere $15 an hour?
 
Why not $50?  In fact, why not $100 an hour?  Even lawyers fresh out of Law School and wet behind the ears get to earn $100 an hour, and lawyers command no more public esteem than pimps, politicians and used-car salesmen.
 
$100 an hour would, overnight, propel every janitor and Walmart worker into the Beemer class. So, why not exactly?
 
Hillary, I'm listening.