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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe problem with minimum wage in most states is that it isn't adjusted for inflation
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The problem with minimum wage in most states is that it isn't adjusted for inflation (Original Post)
JohnSJ
Oct 2021
OP
Johnny2X2X
(19,066 posts)1. Peg it to CPI
This is something that can get bipartisan support next year. They can increase the minimum wage with Republican support, not to $15 right away, but to something like $12, but they have a shot to peg it to CPI so it goes up yearly.
With the shortage of workers, the minimum wage isn't a pressing issue right now, but it will be eventually, so get it raised now and make sure it doesn't lag far behind permanently.
GregariousGroundhog
(7,523 posts)3. This
Someone should write a bill to raise the minimum wage by $1/hr each year until it matches the 1968 purchasing power parity, and then adjust it by the CPI afterwards. That would be about $12.60 in today's money, and it shouldn't be overly difficult to get the democrats united behind it.
aocommunalpunch
(4,237 posts)2. Not an accident.
Donor class fights us every minute of every day.
MichMan
(11,932 posts)4. Why not require everyone's wages have COLA ?