Yes. You've never been able to buy a house or raise "a family of four" on minimum wage. Minimum wage was never intended to provide that level of income.
> It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country.
> By business I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.
Minimum wage, as part of the 1938 Fair Labor Standards Act, was described as a means to prevent "economic slavery". If you aren't capable of raising four children on it then it's not living up to it's original intention