"The concept of minimum wage is crazy, if you really stop to think about it. If $8 an hour seems right, why not $20 an hour? If it's coming by order of the government, why stop at any level? Why not just say everyone should get what Gates gets?"
About this Quote
The subtext is libertarian and disciplinary. Minimum wage isn’t presented as a bargaining floor in a labor market with unequal power; it’s presented as an illegitimate “order of the government,” the phrasing doing quiet work to make the policy feel authoritarian rather than democratic. Invoking Gates functions as cultural shorthand for the American totem of earned fortune: if you question the wage hierarchy at the bottom, Wallop implies, you’re already on the road to resenting success at the top.
Context matters here: Wallop, a late-20th-century conservative senator, is speaking from within a Republican coalition that treated market mechanisms as moral instruments and state intervention as distortion. The rhetoric isn’t aimed at economists; it’s aimed at voters who don’t want to wade into labor elasticity studies. It offers a clean emotional payoff: indignation at “crazy” ideas, and reassurance that the current order is the only non-ridiculous one.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Wallop, Malcolm. (2026, January 16). The concept of minimum wage is crazy, if you really stop to think about it. If $8 an hour seems right, why not $20 an hour? If it's coming by order of the government, why stop at any level? Why not just say everyone should get what Gates gets? FixQuotes. https://fixquotes.com/quotes/the-concept-of-minimum-wage-is-crazy-if-you-107923/
Chicago Style
Wallop, Malcolm. "The concept of minimum wage is crazy, if you really stop to think about it. If $8 an hour seems right, why not $20 an hour? If it's coming by order of the government, why stop at any level? Why not just say everyone should get what Gates gets?" FixQuotes. January 16, 2026. https://fixquotes.com/quotes/the-concept-of-minimum-wage-is-crazy-if-you-107923/.
MLA Style (9th ed.)
"The concept of minimum wage is crazy, if you really stop to think about it. If $8 an hour seems right, why not $20 an hour? If it's coming by order of the government, why stop at any level? Why not just say everyone should get what Gates gets?" FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/the-concept-of-minimum-wage-is-crazy-if-you-107923/. Accessed 19 Feb. 2026.




