An Entrepreneur and the Minimum-Wage

A.G. (who asks me to use, in this post, only his initials) is a regular reader of Cafe Hayek.  He's 28 years old and is an entrepreneur in Charlotte, North Carolina.  His firm employs 25 people, 21 of whom are low-skilled workers.  A.G. just sent this memo to his employees:

To All Team Members:

The schedule for next week has been posted. You may notice that hours have been cut back on your schedule. This is across the board, not just you. I don't want anyone to think they've done something...