Completely broken on multiple levels. In a lot of industries now, as an employer you can't win even if you buck the trend and lead out your competitors on wages and benefits. The highest paid warehouse worker, waitress, etc. will still barely make ends meet, never be able to afford a house, so on. Decades of devaluation of labor (automation, venture capital, bad laws & regulations, etc.) has really done a number, and I don't see a way to easily reverse the damage. IMO, the top end of the economy needs to be brought back closer to the bottom end, but I just don't see it happening.