For years I've had fun at cocktail parties by asking this question: What percent of all the people who work in the U.S. are paid minimum wage or less? Of the hundreds of people I've asked, only one has come even close to the right answer. The great majority of the answers I've received (try it yourself!) range from 10% to as much as 50%. My conclusion: A huge number of Americans hold the fantasy belief that a significant percentage of those who work would benefit from raising the minimum wage. READ MORE