Realistically speaking, you have to do it based on inflation. You have to take inflation into account. I would never say that the minimum wage of this country should be $25 an hour now, henceforth and forevermore. That would not even make basic sense. The reason why is because a loaf of bread 20 years from now may cost $50. So that would not make economic sense nor would it make basic sense.
Discussing the implications of inflation on minimum wage during a floor speech.
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