[doublespanner]

I feel like a focus on minimum wages is misplaced, it's hiding the real problem that is the value of labour has been diluted.

The minimum wage should be set based on determining the rate a sound minded well informed advocate could negotiate for the work. That is preventing exploitation. It should not be used to try to set a living wage, because as we have seen, this just leads to the COL increasing for everyone... Leading to a greater concentration of wealth as the average person now has less ability to save.