....yes? Considering that's what we have right now? 

So if you have a magic law that force businesses to pay 5 times the normal productivity for free, then you must have a law that force businesses to pay 5000 times the normal productivity ? There must be something wrong

   You're forgetting that the people 

Yes I agree but then we need to look at new prices for consumers goods and services that will be lower. I don't think talking about median wage is very meaningful without comparing what you can buy with it