Claude Sonnet 5Oct 268 citations
Does the minimum wage need to keep up with the cost of living?
This is a genuinely contested policy question with strong arguments on multiple sides. Here's a balanced breakdown:
The case for indexing minimum wage to cost of living
The erosion problem is real and dramatic. The U.S. federal minimum wage has been frozen at $7.25 since 2009 — the longest stretch without an increase in the program's history. Measured in 2009 dollars, today's $7.25/hr is only w