What the us gets wrong about minimum wage

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Reference no: EM133748901

In reference to the following video : What the US gets wrong about minimum wage

Answer the following question in three hundred words only

Why do you think the United States does not index its minimum wage to inflation? As long as the minimum wage remains in the hands of politicians primarily, will the United States ever adopt a commission-based model, an indexed model, or any other model to periodically increase the wage? Why do you think this way? What important differences exist between the living wage and the minimum wage? Why do you think so much attention is focused on the minimum wage as opposed to the living wage? What is the living wage in your area? How far does it deviate from the minimum wage? What do the differences between a living wage and minimum wage in your area tell you?

Reference no: EM133748901

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