And provide a link for what?
Specifically where you state that only one 1% of workers are dependent on the minimum wage.
Additionally if wages kept up with the increases in productivity of the workers from the years 1973 to 2011 as they did from the mid 1940s into the 1970s; then talking about supplements for people making the minimum wage or not much higher than that would probably not be a discussion.
According to
Hedrick Smith who has been a reporter for quite a while.
from the 1940s to the 1970s the productivity of the workers in the middle class nearly doubled, in the same time period their wages went up by the same amount.
From 1973 to 2011 their productivity went up by about 80% while their wages went up 10%
here is a link to the the *.mp3 sound file of the radio interview with the reporter/author.
http://wikisend.com/download/250072/Who.Stole.the.American.Dream.mp3
his statements about the productivity and wages start at about 7minutes and 30seconds into the file.
So getting back to the question of the original post. Workers has a whole should be paid in wage increases that is commensurate to increases in productivity.
As for a policy that might accomplish that.
I'd go with this suggestion
I would propose basing minimum wage off
125% federal poverty line for a single person ($11,170) / (35hr/week * 50 week)
= $7.98
Call it $8/hr and the index it for inflation. So the businesses can adjust properly for future small increase per year.
1968 wages (the highest proportional) adjusted for inflation would be ~$10.55 an hour. Taking that into account with Nehaem's suggestion I'd split the difference between $8 and ~$10.55 in some fashion.
For example I suggest using Nehalem's posted idea and takea starting number ranging from $8.50 to $9.25 and indexing it to inflation.
Nehalem's post has a very good suggestion and I'd argue to slightly increase the initial suggested amount but agree with the indexing it to inflation.
Another thing to remember is that workers who make more tend to buy more and their doing so increases certain tax revenues that apply to all people who purchase goods like the sales tax and fuel taxes, in addition to increasing the revenue of businesses they buy from.