It appears as though the Republican controlled House of Representatives has stolen a play from the Dem's playbook. They appear to be set to pass legislation that would increase the federal minimum wage to $7.25.
A person making the minimum wage earns $10,700/year at the current level, which is below the federal poverty level.
The article states that, "Inflation has eroded the minimum wage's buying power to the lowest level in about 50 years".
Of course, there looks like there will be a fight over the issue.
The Dem's think that, "Republicans planned to add "poison pills" for their business allies", while the Conservative Republican's think that, "Quickly increased labor costs unrelated to business conditions will encourage or force employers to fire employees, reduce working hours for existing employees, and/or postpone plans to hire additional employees".
Election ploy or not, the cost of living is at an all time high. A dollar simply doesn't go as far as it once did. I'd say it's time to seriously consider raising the minimum wage.