POLL: Should the Minimum Wage be automatically adjusted for INFLATION?

[What Would Jesus Do?]

Well?

When the federal MW was set to $7.25 - which happened in 2007 or 2009, depending on who you listen to - there was no built-in process for cost of living or inflation adjustments.

Should there be such an adjustment?

 

[What Would Jesus Do?]

There's another poll on when it would be appropriate to phase in an increase of the minimum wage to $15.

POLL: WHEN Would a $15 Minimum Wage Be OK?

If Not Now by 2025, When? The Senate shot down Bernie's proposal for a $15 minimum wage to be phased in by 2025. Note this is not a question about whether there should be any federal minimum wage. That battle was already fought. We have a federal minimum wage. Nor is is a question of...

iowa.forums.rivals.com

 

[Huey Grey]

God, yes.

 

[stanzithemanzi12]

I'm for lowering the minimum wage to $5.

 

[z_ape]

Well?

When the federal MW was set to $7.25 - which happened in 2007 or 2009, depending on who you listen to - there was no built-in process for cost of living or inflation adjustments.

Should there be such an adjustment?

At first glance, makes sense to me. I think if you could effectively incorporate cost of living and inflation you'd be damned close.

Obviously an algorithmic measure that is congruent with temporal and spatial economic reality is ideal.

I'm completely in favor of more dynamic, algorithmic policy when at all possible.

 

[What Would Jesus Do?]

I'm for lowering the minimum wage to $5.

Per 10 minutes?