While I believe as you do...not sure I can understand the animosity against raising the minimum wage as far as inflation is concerned. If we have the minimum wage (which I am against), it must be targeted to the inflation. After all, that seems to be controlled mainly by the Fed and their policies.
Now if you are saying that the minimum wage should not exist in federal policy, I agree. Then there would be no problem with federal management.
[it must be targeted to the inflation]
Indexing minimum wage to inflation is a positive feedback loop that is inherently explosive. Once you put a few of those policies in place, say hello to Weimar Republic. Granny git your wheelbarrow!
“If we have the minimum wage (which I am against), it must be targeted to the inflation.”
Why “must?” Not indexing the minimum wage slowly mitigates its bad effects over time. If you can’t repeal it, no-indexation is the next best thing.