No. The government should stay out of the business of determining what the prevailing wage should be. If a job is truly worth a certain amount, that is the amount that will be paid. Artificially inflating the value of any given commodity doesn't make it more valuable, and only serves to skew economic results.
Besides, nobody is only paying federal minimum wage anyway, so what's the point? Other then a chance for the do-gooders to make themselves feel better at the expense of the small business community.
Russ, NCNE