Federal minimum wage freeze (2009-2018)
The federal minimum wage remained $7.25 for nine years because it was not indexed to inflation. Congress did not raise it despite rising costs, eroding its real value by over 20%.
Millions of workers saw their purchasing power shrink each year.
Spurred state and city-level minimum wage laws, including the Fight for $15 movement.
Shows what happens when a wage floor is not tied to inflation. New York's off-ramp creates a similar freeze, albeit temporary, and could erode real wages like the federal stagnation did.
