MonsiuerPatEBrown@reddthat.com to

Today I Learned@lemmy.world · 1 year ago

TIL Minimum wage has only increased by $7.00 in 85 years in the USA.

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TIL Minimum wage has only increased by $7.00 in 85 years in the USA.

MonsiuerPatEBrown@reddthat.com to

Today I Learned@lemmy.world · 1 year ago

Upon inception it was set at $0.25. It is now $7.25.

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1 year ago
Their math is correct. What is wrong is that prices increases have little to do with inflation. IMO inflation is happening because of the rabid greedy capitalism. Prices are moving only in upward direction.

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