Claude Sonnet 5Nov 314 citations
Does the minimum wage need to keep up with the cost of living?
The question of whether minimum wage needs to keep pace with the cost of living involves both economic debate and empirical trends. Let me pull some current data to ground the discussion. Should Minimum Wage Keep Up With the Cost of Living?
This is a genuinely contested policy question, but the data and arguments break down fairly clearly on both sides.
The case that it should
The erosion is r