IntroductionThe minimum wage was established statewide in 1938 by Franklin Delano Roosevelt; at that time it cost only 25 cents, which in today's world is equivalent to 4 dollars. It was established as part of the Fair Labor Standards Act which covered youth, government and overtime pay. Massachusetts was actually the first state before Franklin's statewide recognition and only covered women and children with no overtime. There are many problems with the minimum wage now, such as setting a statewide minimum wage at $10.10, which does not benefit places where living is as expensive as in New York. It leads to an imbalance in the economies of different states and the government setting price controls on wages presents some problems. A minimum wage reform occurred during the 1960s and 1970s, when the agricultural and retail service sectors were covered by the minimum wage. In this way the percentage of minimum wage coverage increased from 20 to over 90% in 1975 (Gitis, 2013). This change has expanded the network of people who are eligible for the minimum wage. Income inequality during this time was at a low level, which made the American economy stronger than today. The minimum wage today presents many problems; some say it's not enough to live comfortably. Many agree that an increase in the minimum wage is necessary and by doing so, it could help solve the problems of poverty. Statistics show that a full-time, minimum wage worker earns only $15,080 a year, which is below the federal poverty line for a family of two. (Gitis, 2013) The problem is that $15,080 is not a sufficient amount for a person to live and grow on. “A family of two can consist of a mother and son or daughter, father and son or… half document… on changes in the cost of living to avoid it becoming a minimum wage threshold. My argument for implementing the policy of factoring state-to-state price differences in setting minimum wages is that it benefits a broad network of people. Considering price differences from state to state when setting minimum wages can help change our economy and ensure equity in society in many ways. One way is to make the minimum wage more efficient and compatible with the purchasing power of the state. It also takes into account the prices of each individual state and not just one nation's prices on products. This provides greater insight into what the minimum wage should be for each state. The economic and justice impact of this policy is that it gives every state and its workers a fair chance to earn a living and the ability to afford the products coming into the state...