WASHINGTON – An increase in the federal minimum wage, its proponents would argue, is not only an idea whose time has come, but an idea whose time had come long ago. The minimum wage was last increased in 1997. The 10-years-and-counting gap between increases is the longest since the minimum wage was instituted in 1938. Its purchasing power also has dropped. According to Catholic Charities USA, it’s now equal to $3.95 in 1995 dollars – when the minimum wage was $4.25.





