FYI: When you adjust for inflation, the minimum wage today (2013)is a lot lower than it was in the 1960’s and 1970’s.
Considering that minimum wage is virtually straight-line direct in CAUSING inflation, that's hardly surprising. So raise it to "adjust" for inflation and guess what will happen, central va?
INFLATION WILL GO EVEN HIGHER.
Counting on minimum wage to "help" the economy is like chasing unicorns: wholly futile.