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This question touches on both economic facts and value judgments, so let me give you a balanced view — including some current data to ground the discussion. Short answer: This is a values question with strong economic arguments on both sides — but the facts on the table make a compelling case for at least some form of indexing. The core problem: the federal minimum wage isn't automatically adjus

Whether the minimum wage should keep up with the cost of living is one of the most prominent and ongoing debates in labor economics and public policy. The debate is highly visible in countries like the United States, where the federal minimum wage has remained unchanged at $7.25 per hour since 2009—the longest period without an increase since its creation in 1938. In response, many states and lo