LogFAQs > #910608252

Min wage should be increased to whatever amount it should be if one were to look at the min. wage from decades ago and adjust for inflation. It should from then onwards be indexed to inflation.
And some areas will need higher min wage than others (say, an area where a 3 bedroom house costs $100,000 and an apartment is $500/month vs. one where the house costs $500,000 and rent is $2500/month), so the federal min wage is just the bare minimum level.