Oregon boasts the second highest minimum wage in the country. Washington state leads the nation with a 2011 minimum wage of $8.67 an hour. The Oregon Bureau of Labor and Industries mandates a minimum wage increase from $8.40 an hour to $8.50 an hour for 2011. For a 40-hour work week, the 10-cent increase means about $4 more a week. That translates to about $16 a month and about $192 a year before taxes. Some say that increase is great for workers but can put some strain on businesses trying to keep up with payroll/Kelly Koopmans, KBOI. More here. (H/T: Orbusmax)

Question: Is the minimum wage in Oregon ($8.50) and Washington ($8.67) too high? Or is the Idaho minimum wage ($7.25) too low? Or both? What would be a perfect minimum wage?