Claude Sonnet 5Nov 615 citations
Does the minimum wage need to keep up with the cost of living?
Should the Minimum Wage Keep Up With the Cost of Living?
This is a genuinely contested policy question, but there's substantial evidence and argument on both sides worth laying out.
The Case For Indexing to Cost of Living
The erosion problem is real and well-documented. The U.S. federal minimum wage has lost significant purchasing power because it isn't automatically adjusted. In 2009, Congre