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Episode 518Sep 16, 2021

What if the minimum wage was raised like Social Security?

“Indexing” is the word you’re looking for.

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WASHINGTON, D.C. - Labor activists hold a rally in Washington, D.C. in support of raising the minimum wage.
WASHINGTON, D.C. - Labor activists hold a rally in Washington, D.C. in support of raising the minimum wage.
Kevin Dietsch for Getty Images

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Social Security is one government program that is indexed to inflation, so when prices go up, recipients don’t lose buying power. So why don’t we do that with the minimum wage?

One listener asks that on today’s show, so we try to get to the bottom of it. Plus, we get into the big deal with TikTok and check out some weird beers!

Here’s everything we talked about on the show today:

Read the transcript here.

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The Team

What if the minimum wage was raised like Social Security?