REUTERS - Hundreds of leading economists urged Congress on Wednesday to boost the U.S. minimum wage, which has been stuck at $5.15 an hour for a decade. The group recommended a $1 to $2.50 hourly increase and argued that future boosts should be indexed to inflation to protect workers purchasing power from rising prices. Dismissing the argument that better pay would burden employers and stifle job creation, these experts said a higher minimum wage was necessary to ensure a decent standard of living for low-income Americans. . . Some states have made some headway in ensuring better pay for low-income workers, by circumventing national legislation and passing increases of their own. California lifted the minimum wage to $8 an hour this summer, the highest level in the nation.
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