October 3, 2013 12:00 AM

It’s time to recalibrate what we call a ‘living wage’

This week’s news that the state’s minimum wage will increase by 1.45 percent to $9.32 on Jan. 1 will stimulate renewed debate about the value of setting an earnings floor for workers. Business will predict doom and gloom. Unions will project increased buying power for workers.

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