The minimum wage should be raised to the equivalent of its 1968 levels when adjusted for inflation and then readjusted for inflation every year.
I kind of agree with the adjusting for inflation but why base it off 1968?
That's the highest it ever was. It would be enough to keep a family of 2 out of poverty, albeit barely.
That's a good start.
For reference, the minimum wage was $1.60. This is about $10.94 in 2014 dollars.