Muse Spark 1.2Sep 292 citations
Does the minimum wage need to keep up with the cost of living?
Minimum wage vs. cost of living — I'll pull the latest data and arguments on both sides.
Whether the minimum wage should keep up with the cost of living depends on what you think the minimum wage is supposed to do, but there is a strong economic argument for linkage.
1. The original intent was a living wage
The first minimum wage law in the nation, Massachusetts in 1912, created wage boards th