Muse Spark 1.2Sep 174 citations
Does the minimum wage need to keep up with the cost of living?
Your question touches a classic economic and equity debate — I'll gather current data on how the minimum wage tracks the cost of living.
Whether the minimum wage should keep up with the cost of living depends on what you think the minimum wage is for — but by most measures it currently does not.
1. What "keeping up" means
Cost of Living: The amount of money needed to cover basic expenses su