Quoting Jessica™:" No, because if that goes up, then so does everything else to even out."
Everything else is continuing to go up, regardless of what the US Federal Minimum Wage is at the present moment. Nothing is even now, everything is completely out of whack and the American Dream has long since died with the rising costs of living. Why NOT raise it at the risk of living prices continuing to rocket into the atmosphere? At least then the lower working class has a fighting chance to survive.