Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!
What if the minimum wage was raised like Social Security?
Sep 15, 2021
Episode 518

What if the minimum wage was raised like Social Security?

HTML EMBED:
COPY
"Indexing" is the word you're looking for.

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.

Give now to support the show you love and to get the “Make Me Smart” banana pants and ringtones! Marketplace.org/givesmart.

None of us is as smart as all of us.

No matter how bananapants your day is, “Make Me Smart” is here to help you through it all— 5 days a week.

It’s never just a one-way conversation. Your questions, reactions, and donations are a vital part of the show. And we’re grateful for every single one.

Donate any amount to become a Marketplace Investor and help make us smarter (and make us smile!) every day.

The team

Marissa Cabrera Senior Producer
Bridget Bodnar Senior Producer
Tony Wagner Digital Producer
Marque Greene Associate Producer