Saturday, February 1, 2014

The Minimum Wage would be $21.72  if it had kept up with productivity. 
 If it kept up with the rise of the 1%'s income rise, it would be $25.18!  
 If it had only kept up with inflation, the wage should be at  $10.52 today.
In the years between WWII and 1968, productivity and wages grew together
 at a steady pace.  Since its peak  in 1968 the minimum wage has fallen behind.

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