Do you think that cost of labor has any connection to prices, which , in aggregate, creates the cost of living in any particular place?<p>In other words: higher minimum wage = higher prices = higher 'cost of living'<p>As a thought experiment, would you support making the minimum wage $1000/hr. If not, why not?<p>Honestly, the concept of a 'minimum wage' is one of the stupidest things I can imagine.