There are a lot of people who are moving from unemployment to disability rolls, and there are a lot of people who have been out of work for a long time who are unable to get jobs. And I think that from a long-term perspective, this is not just a human tragedy, but it's going to be a potentially big hit on the economy in the future.

The problem with one single minimum wage is that you don't allow for younger people, who are less skilled and maybe more easily pushed out of the job market, or that the minimum wage should vary for different regions.

The impact of a minimum wage depends on how high it is to average wages. If you have too high a minimum wage, it will hurt job creation, and you will have negative job effects.

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