Minimum Wage

Submit a well-researched, and reasoned argument for a particular level of minimum wage. Your selected level could be none or $100/hour or any particular level. Your task is to economically justify a particular level as best overall.

I have contacted a variety of concert promoters and indicated my willingness to go on a nationwide tour singing my favorite selections of television opening theme songs at the minimum rate of $1,000,000 a concert. As of yet, no promoter has gotten back to me. So, be careful about seeking a minimum wage that market demand will not support. If market demand is needed to support our minimum wage, do we need to set a minimum at all?