RE: A really good question that isn’t answered here is “what was the minimum wage raised from?” If the minimum wage were raised to $10 an hour, it would be more realistic and applicable to the discussion of what the minimum wage should be.
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SEE HERE:
On May 1, Seattle Mayor Ed Murray announced he had brokered a deal to raise the city’s minimum wage for all workers from $9.32 to $15 an hour, the highest in the country.
That's a 61% increase!! Doesn't anyone study Economics anymore?
A 10% raise would be to $10.25. That might make some sense, and the results would apply to the real world. I don't understand how anyone with even an ounce of brains would raise the minimum wage more than 10% a year.